800 Harrison Street, Seattle, WA 98109
Courtesy of Paragon Real Estate Advisors
- $2,800,000
- 8,580
- SqFt
- List Price
- $2,800,000
- Status
- ACTIVE
- Days on Market
- 271
- MLS#
- 2564376
- Subtype
- Residential Income
- Style
- 56 - 10+ Units
- Year Built
- 1911
- Living Area
- 8,580
- Lot Size
- 7,200
- Acres
- 0.17
- Subdivision
- South Lake Union
- Neighborhood
- South Lake Union
- MLS Area Major
- Central Seattle
Property Description
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).
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Additional Information
- Exterior Features
- Wood
- Property Description
- 56 - 10+ Units
- Heating
- See Remarks, Wall Furnace
- Air Conditioning
- None
- Roof
- Flat, Torch Down
- School District
- Seattle
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