516 Yale Ave N
Seattle, WA 98109
Art Stable · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Designed by renowned architecture firm, Olson Kundig, Art Stable has received numerous awards and recognition from the AIA
- Situated in the heart of South Lake Union, which is home to major employers such as Amazon, Google, Apple, Facebook, Fred Hutchinson, Juno and UW Med
- At only $343 per month, HOA dues include water, sewer, garbage, recycle, common area maintenance & janitorial, video & key-card systems & insurance
- Features an open floor-plan, exposed concrete and steel construction with 15-foot ceilings and expansive storefront windows
- Within walking distance to some of Seattle’s most popular restaurants and bars, grocery stores, fitness centers, retailers, hotels, parks, and museums
- Located only blocks from Downtown Seattle and easily accessible to multiple on and off ramps to I-5
Executive Summary
2,078 sf ground-floor commercial condominium in the award-winning Art Stable, which was designed by renowned architecture firm Olson Kundig. The unit features 15-foot ceilings, expansive store-front windows, two restrooms, one shower, and an open & flexible layout. The building is situated in the heart of Seattle's South Lake Union neighborhood and epicenter of the city's tech and life sciences industries, which is home to Amazon, Google, Facebook, Apple, Juno, UW Medicine, Zymogenetics and Fred Hutchinson Cancer Research. The Art Stable was designed to accommodate changes in use over time, the building is zoned for both residential and commercial uses, and the shell and core are built to last over 100 years. It also uses an efficient, geo-thermal heating system, keeping operating expenses low, including the overall HOA dues, which are currently $343/month for this unit.
Property Facts
| No. Units | 6 | Building Size | 17,769 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2010 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.56/1,000 SF |
| Building Class | B | APN / Parcel ID | 029005-0050 |
| Lot Size | 0.11 AC | ||
| Zoning | SCM/75, Seattle | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 17,769 SF |
| No. Stories | 7 |
| Year Built | 2010 |
| Parking Ratio | 0.56/1,000 SF |
| APN / Parcel ID | 029005-0050 |
| Zoning | SCM/75, Seattle |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Site Amenities
- Elevator
