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The Victor Apartments

-1, 1701-1705 Stevens Street, Seattle, WA 98144
$2,000,000

Description

The Victor Apartments (Status: Pending)

-1, 1701-1705 Stevens Street, Seattle, WA  98144

Redevelopment site near Beacon Hill light rail station. Prime 80’x53’ property occupies the southwest corner of Beacon Ave S and S Stevens St, just 2 blocks from station and zoned NC2P55 which allows for a variety of uses. Preliminary feasibility study suggested a 5-story building with 24 SEDU residential units and 1,865 Sqft of first floor commercial space. Second option is 1,815 sqft of street level retail/commercial, plus 16 units mixed studio and 1-bedroom apartments, for a total of nearly 16,000 sqft gross building area. Current 2,756 sqft building hosts a good mix of 4 neighborhood businesses, producing a combined annual income of $64,080. Opportunity such as this does not present itself often. Take advantage of it.

Listing Details

Asset Class: Multi-Family
Year Built: 1927
Building Total Square Feet: 12584
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: NC2

CBA

Listing Courtesy of: John L. Scott-Des Moines

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: -1, 1701-1705 Stevens Street, Seattle, WA 98144
  • City: Seattle
  • State/county: WA
  • Zip/Postal Code: 98144
  • Neighborhood: S. Seattle
  • Country: United States

Detail

Updated on June 29, 2022 at 12:52 am

  • Property ID: 651329
  • Price: $2,000,000.00/For Sale
  • Property Size: 12584 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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