This Multifamily Property is no longer advertised on LoopNet.com.

505 E Denny Way
Seattle, WA 98122
 Ambassador I · Multifamily Property For Sale · 48 Units

Apartment Buildings Washington Seattle 505 E Denny Way, Seattle, WA 98122

Investment Highlights

  • Can be divided to 1,000 SF after purchase
  • Ideal for coffee shop, bar, café, retail shop, art studios, medical, school, or residential home
  • Warm shell condition with 2 built out restrooms
  • High visibility corner location on Summit Ave and East Denny
  • Up to 4 parking stalls available for purchase separately
  • 2 separate entrances

Executive Summary

Rare opportunity to own a distinctive live/work commercial condo in the heart of Capitol Hill. This corner unit in the classic Ambassador I condominium building has approved permits for a residence adjacent to the commercial space. Occupy one side and rent out the other or live in / operate a business in the entire space. Formerly a restaurant, the space has no usage restrictions. Explore endless opportunities in this unique and versatile property.

Property Facts

No. Units 48 Building Size 30,380 SF
Property Type Multifamily No. Stories 7
Property Subtype Apartment Year Built/Renovated 1956/1992
Apartment Style Mid-Rise Parking Ratio 0.14/1,000 SF
Building Class C APN / Parcel ID
020005-0010
  • 020005-0070
  • 020005-0210
  • 020005-0440
Lot Size 0.15 AC
Zoning MR - Zoned MR - Current Use is Commercial/Residential - all residential (up to 4 units) or all commercial -
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.15 AC
Building Size 30,380 SF
No. Stories 7
Year Built/Renovated 1956/1992
Parking Ratio 0.14/1,000 SF
APN / Parcel ID
020005-0010
  • 020005-0070
  • 020005-0210
  • 020005-0440
Zoning MR - Zoned MR - Current Use is Commercial/Residential - all residential (up to 4 units) or all commercial -

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Security System
  • Storage Space
  • Car Charging Station
 

  • Listing ID: 31953716

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 505 E Denny Way, Seattle, WA 98122

More public record information on 505 E Denny Way, Seattle, WA 98122

The Capitol Hill Multifamily Property at 505 E Denny Way, Seattle, WA 98122 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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