512 5th Avenue W, Seattle, WA, 98119

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$5,995,000
75 Days On Site

512 5th Avenue W
Seattle, WA 98119

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
12,900
SqFt
$465
/SqFt
1957
Built
Subdivision:
Queen Anne
County:
King
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Daniel Lim of Lee & Associates Commercial RE

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512 5th Avenue W512 5th Avenue W512 5th Avenue W512 5th Avenue W
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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.

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Listing Snapshot
Price 
$5,995,000
Days On Site 
75 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,900 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2759 Acres
Year Built 
1957
MLS® Number 
2289839
Status 
Active
Property Tax 
$53,874
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.2759
Buyer Agent Compensation 
1
Number Of Stories 
2
Parking Spaces 
10
Property Sub Type 
Multi Family
SqFt Total 
12900
Utilities 
Sewer Connected
Interior Features
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Brick
Roof 
Flat
Community Features
Financing Terms Available 
Conventional
MLS Area 
700 - Queen Anne/Magnolia
School District 
Seattle
Schools
School District
Seattle
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Daniel Lim of Lee & Associates Commercial RE



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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