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For Sale14 Days
$5,995,000

512 5th Avenue
Seattle, WA 98119

Income For Sale
12,900 Sq. Ft.
0.28 Acre Lot
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    Lee & Associates Commercial RE

    Provided by Northwest Multiple Listing Service, 2024.

    Description for 512 5th Avenue, Seattle, WA 98119

    For Sale> King> Seattle> 98119

    The Standard, 20-units located in the Uptown Queen Anne. Attractively situated near the Seattle Center & the waterfront. The unit mix consist of 16 1-bed, two 2-bed units & two 3-bed units. Opportunities for lift with the addition of in-unit w/d & converting the laundry rooms into units also a 12,020sf MR (M) zoned lot, initial studies suggest 75+ unit development potential (buyer to verify). The acquisition of the Standard not only secures a prime piece of Seattle real estate but also offers potential for future development & appreciation. With its strategic location, rental upside & multiple exit strategies, the Standard is an exceptional opportunity for investors seeking a blend of immediate rental income & long-term opportunities.

    Property Details

    Listing Details
    For Sale
    Income
    Multi-Family
    None
    For Sale
    NWM2289839
    $5,995,000
    11/14/2024
    12,900 Sqft
    1957
    Single Family
    10
    NWM115693
    Location Information
    US
    WA
    King
    Seattle
    98119
    5th
    512
    Avenue
    Queen Anne
    W123° 38' 13.7''
    N47° 37' 25.9''
    512 5th Avenue W, Seattle, WA 98119
    700 - Queen Anne/Magnolia
    W
    Yes
    Garage/Parking
    No
    No
    Exterior Features
    No
    No
    Brick
    Flat
    WaterFront and WaterAccess
    No
    Land Info
    0.28 Acre
    Nw
    1990200150
    Monthly
    Utilities
    Baseboard
    None
    Sewer Connected
    HOA Info
    Monthly
    20
    No
    Rental Info
    12900
    Monthly
    Tax Info
    $53,874
    2024
    Listing Information
    Lee & Associates Commercial RE
    Daniel Lim
    63
    NWM6432
    Nwmls
    $5,995,000
    11/13/2024 20:12:41
    2
    Multi Family
    Seattle
    NWM38708
    Lee & Associates Commercial RE
    Candice Chevaillier

    Price History

    Source: MLS
    DateEventPriceSource
    2024-11-14For Sale$5,995,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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