21-Unit Mixed-Use Apartment Asset in Seattle’s Green Lake Hits the Market for $11.99MM

A boutique mixed-use multifamily asset at 1400 N 80th St. in Seattle’s Green Lake neighborhood has hit the market with an asking price of $11.99 million, or approximately $500,000 per unit. The 21-unit property, named Greenlake Pointe, totals 20,672 square feet and includes three fully leased ground-floor retail suites and 31 dedicated parking stalls. The listing is being marketed by Lee & Associates on behalf of the original developer-owner. According to King County public records, the current owner is a Seattle-based entity.
Marketing materials suggest that the building’s retail component is 100 percent leased to neighborhood-serving businesses, providing stable income and high visibility at the corner of N 80th Street. The offering also points out the potential for a top-floor owner’s penthouse unit conversion. Located just north of the Green Lake shoreline, the site is in close proximity to one of Seattle’s iconic recreation areas.
Sara Bago, Candice Chevaillier, Daniel Lim, and Dea Sumantri are managing the listing.
About Lee & Associates Commercial Real Estate Services
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