Paragon Real Estate Advisors
About 800 Harrison Street
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).
Features of 800 Harrison Street
MLS® # | 2428136 |
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Price | $3,500,000 |
Bathrooms | 0.00 |
Square Footage | 8,580 |
Acres | 0.17 |
Year Built | 1911 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 800 Harrison Street |
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Area | 390 - Central Seattle |
Subdivision | South Lake Union |
City | Seattle |
County | King |
State | WA |
Zip Code | 98109 |
Amenities
Is Waterfront | No |
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Interior
Heating | Other – See Remarks, Wall Unit(s) |
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Cooling | None |
Fireplace | No |
# of Stories | 2 |
Exterior
Exterior Features | Wood |
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School Information
District | Seattle |
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Additional Information
Days on Market | 43 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Paragon Real Estate Advisors |
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