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    South Lake Union Apartment Building Title is generated by Realmo AI

    800 Harrison St Seattle, Seattle, WA 98109

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    For Sale
    $3,000,000

    12-unit apartment building in South Lake Union with value-add potential.

    Type:Commercial
    Added:
    Sep 3, 2025
    Days on Market:
    286
    Last Refresh:
    May 10 at 11:14 pm

    Property Features for 800 Harrison St Seattle

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1911

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    Listing Contact
    RYAN ILES

    Listing agent RYAN ILES

    Listing office PARAGON REAL ESTATE ADVISORS

    Listing date Sep 3, 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 PARAGON REAL ESTATE ADVISORS

    HighLights

    • Significant value‑add potential: Rents are approximately 40% below market, offering immediate opportunity to increase revenue.
    • Prime South Lake Union location: Situated in a highly desirable and sought‑after area.
    • Rare investment opportunity: First time on the market in over 30 years.
    • 12‑unit apartment building: Provides a substantial rental income base.
    • Corner lot with alley access: Located on a 7,200 SF corner lot with convenient alley access.
    • Unit renovation upside: 5 out of 12 units have partial updates, allowing for further improvements and increased rental income as units turnover.

    Overview

    The Harrison Apartments present a rare investment opportunity in the heart of South Lake Union. Positioned on a 7,200 square foot corner lot with alley access, this 12-unit apartment building is being offered for the first time in over three decades. The property features a fully occupied apartment complex with immediate value-add potential. Current rents are estimated to be approximately 40% below market, with additional upside achievable through unit renovations as turnovers occur. The building consists of 10 one-bedroom/one-bath units (approximately 700 square feet each) and 2 two-bedroom/one-bath units (approximately 850 square feet each). The interior of 5 of the 12 units have been partially updated with new LVP flooring, sinks and countertops. The property is zoned SM-SLU 85-.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Spa & Massage Center Restaurant Dental Office Law Firm Hair Salon Nail Salon Building Supply Daycare Center 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
    -122.341
    Latitude
    47.6222

    FAQs

    What type of property is this?
    Apartment building - 12-unit apartment building in South Lake Union with value-add potential.
    Where is this apartment building located?
    The property is located at 800 Harrison St Seattle Seattle, WA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Significant value‑add potential: Rents are approximately 40% below market, offering immediate opportunity to increase revenue.; Prime South Lake Union location: Situated in a highly desirable and sought‑after area.; Rare investment opportunity: First time on the market in over 30 years.
    More about this property
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