The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).
Active
Listed by:
Will Douglas,
Paragon Real Estate Advisors,
Ryan Iles,
Paragon Real Estate Advisors
$3,500,000
800 Harrison Street, Seattle, WA 98109
14beds
12baths
8,580sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$3,165,300 Zestimate®
$408/sqft
$-- HOA
What's special
Alley accessCorner lot
- 32 days |
- 625 |
- 21 |
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