314 Mercer St Seattle, WA 98102 – 314 E Mercer Street

314, Mercer St, Seattle, WA  98102

For Sale

314 E Mercer Street (Status: Available) 1250000

314, Mercer St, Seattle, WA  98102

This classic 5-unit apartment building in prime Capitol Hill location will offer the savvy investor a strong revenue stream and tons of upside. Each spacious unit features a unique layout, wood floors, fresh interior paint, gas cooking. Great mix of 1 bed, 1+ den, 2-story units, some with views of city + mountains. The basement includes storage, common laundry, unfinished area for possible expansion. Rents are Pro Forma from property manager. Currently a 5.2 CAP with room for upside. The building is vacant, allowing new owner the option to renovate or place tenants immediately. Low vacancy rate historically (fully leased for many years). Great location, close to light rail, SLU, freeway, everything on Capitol Hill and downtown Seattle.

Listing Details

Asset Class: Multi-Family
Year Built: 1909
Building Total Square Feet: 4595
Available Lease Space Square Feet: 4595
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: LR3 (M)


Listing Courtesy of: Windermere Greenwood

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

Similar listings

Status: Available

The Park Six

1400, 46th St, Seattle, WA  98103
  • Available SQ. FT.
  • Building SQ. FT. 4695
  • Cap Rate:
  • LOT SQ. FT. 4792
  • Year Built: 1961
  • CBA #: 680708
Status: Available

9265 57th Avenue S

9265, 57th Ave, Seattle, WA  98118
  • Available SQ. FT.
  • Building SQ. FT. 4590
  • Cap Rate: 5.35
  • LOT SQ. FT. 4792
  • Year Built: 1923
  • CBA #: 682190
$38 /Sq. Ft.
Status: Available

Yesler Towers

809, Washington Street, Seattle, WA  98104
  • Available SQ. FT. 1488
  • Building SQ. FT. 360000
  • Cap Rate:
  • LOT SQ. FT. 33615
  • Year Built: 0
  • CBA #: 675780
Request to book

Compare listings