603 3rd Ave W, Seattle, WA 98119

Building Details

Year Built

1929

Listing agent COLLIN HAGSTROM

Listing office WESTLAKE ASSOCIATES, INC. h***@westlakeassociates.com

Listing date Mar 24, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of WESTLAKE ASSOCIATES, INC.

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Overview

The Regan Lee features 24 studio and one-bedroom units characterized by original hardwood floors, mahogany doors, rich wood trim, arched entryways, and abundant natural light. The property retains the elegance of its original construction. Eight garage stalls located along the alley provide parking and additional income. The property offers an opportunity to increase net operating income through renovations and rent optimization. Redevelopment potential exists for the existing garage space to add units and further maximize value; verification is the responsibility of the buyer. The property size is 12510 square feet.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Dental Office Food Market Daycare Center Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Seattle

County

King

State

Washington

Longitude

-122.361

Latitude

47.6248

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FAQs

What type of property is this?

Apartment building - Spacious units with redevelopment potential in Seattle's desirable location.

Where is this apartment building located?

The property is located at 603 3rd Ave W Seattle, WA.

What is the asking price?

The asking price for this property is $5,400,000.

What are key features of this property?

This property features: Opportunity to increase Net Operating Income (NOI) through strategic renovations and rent optimization due to below‑market rents.; Eight garage stalls provide parking convenience and additional income.; Redevelopment potential of existing garage space to add units (buyer to verify).