The Standard – Seattle, WA

  • $5,750,000
512 5th Ave, Seattle, WA, 98119
For Sale
The Standard – Seattle, WA
512 5th Ave, Seattle, WA, 98119
  • $5,750,000

Overview

Property ID: 686277
  • Multi-Family
  • Property Type
  • For Sale
  • Listing Type
  • 12900
  • Building (sq ft)
  • 12197
  • Lot Size
  • 1957
  • Year Built
  • 4.8
  • Cap Rate
  • Multi-Family
  • Asset Class

Description

The Standard #686277
Status: Pending
The Lee & Associates NW Multifamily Team is pleased to present the exclusive listing of The Standard, a 20-unit building located in the Uptown Queen Anne neighborhood of Seattle. Attractively situated near the Seattle Center and the Puget Sound waterfront, The Standard provides tenants the excellent access to work, school & play. The unit mix consist of 16 1-bed, two 2-bed units and two 3-bed units with mid-century floorplans averaging in size of 600 sf for the 1-bedrooms up to 900 sf for the 3-bedrooms. The majority of the units have received updated cabinetry, counters, tiled backsplashes and appliances. The original wood flooring has been persevered in the units. Potential opportunities for additional lift in returns could be created with the addition of in-unit washer/dryers an

Market Area: Queen Anne/Magnolia
County: King
Listing Type: For Sale
Asset Class: Multi-Family
General Zoning: MR(M)
Cap Rate: 4.8
Year Built: 1957
Construction Type:
Floors: 2
Parking: 0  (Covered: 0 & Uncovered: 0)


Listing Courtesy of: Lee & Associates Comm R.E Serv – Candice Chevaillier, CCIM (#15027)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

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  • 512 - 5th Ave
    Seattle, WA 98119
    USA
  • Queen Anne/Magnolia

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Properties with the CBA logo are listed by the Commercial Brokers Association.
Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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