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.
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
General Information
NWM2368693
Multi Family
34
DOM
4800.31 SqFt
8700
1928
King
Residential Incom
Multi Family
Listing Provided Courtesy of Daniel Lim, Lee & Associates Commercial RE
Krishna Realty data last checked: Jun 04, 2025 11:29 | Listing last modified May 01, 2025 15:30,
Source:
Download our Mobile app
Residence Information
8700
Flat
56 - 10+ Units
1928
Poured Concrete, See
Basement, Coin Op Lau
Features and Utilities
Brick
Community
Sewer Connected
0
Financial
36914
Cash Out, Conventional
05-01-2025
Comparable Information
34
34
Cash Out, Conventional
$4,000,000
$4,000,000
May 01, 2025 15:30
Schools
Map
Listing courtesy of Lee & Associates Commercial RE.
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.
