The Strand is an 18-unit brick building in the heart of Capitol Hill, one of Seattle’s most walkable, amenity-rich neighborhoods. Comprised of studio units ideal for urban renters, it features upgraded electrical systems (2013) & modern tankless water heaters (2022). Plans and permits are in place for three additional units and a seismic retrofit, enhancing revenue and value. An adjacent 11-unit building is also available, offering a rare chance to assemble 9,600 SF of MR(M)-zoned land. With a prime walkable location, a clear path to income growth through unit additions and interior enhancements & scale through an adjacent acquisition, The Strand presents an exceptional opportunity to own a character-rich asset in a high-demand submarkets.
The Strand is an 18-unit brick building in the heart of Capitol Hill, one of Seattle’s most walkable, amenity-rich neighborhoods. Comprised of studio units ideal for urban renters, it features upgraded electrical systems (2013) & modern tankless water heaters (2022). Plans and permits are in place for three additional units and a seismic retrofit, enhancing revenue and value. An adjacent 11-unit building is also available, offering a rare chance to assemble 9,600 SF of MR(M)-zoned land. With a prime walkable location, a clear path to income growth through unit additions and interior enhancements & scale through an adjacent acquisition, The Strand presents an exceptional opportunity to own a character-rich asset in a high-demand submarkets.
Neighborhood
Type
County
King
Area
390 - Central Seattle
Tax Amount
$36,914
Status
Active
Listing #
2368693
Built
1928
Lot Size
0.11
Listed on site
8 days
Listed by:
Lee & Associates Commercial RE
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-05-09 13:55:42.
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