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Stratford on 4th
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 682342
2021 4th Avenue
Seattle, WA 98121

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Commercial Property

Marketing Description:

A Unique Investment Opportunity In The Heart Of Downtown SeattleNestled in the vibrant heart of downtown Seattle at 2021 4th Avenue, The Stratford on Fourth stands as a testament to classic charm and modern convenience. This distinguished brick apartment building, boasting 55 units, is on the market for the first time in nearly three decades, presenting a unique chance to own a piece of Seattle’s architectural heritage while benefiting from its promising financial returns.Exceptional Investment PotentialThrough strategic renovations and market-rate rent adjustments, the Stratford on Fourth presents a compelling investment case:• Significant NOI Upside: Opportunities to increase income through targeted improvements and market rent alignment.• Current rents average $3.15 per square

Land Features:

  • Lot Size: 6534 SqFt
  • Lot Acreage: 0.15 Acres
  • Zoning: DMC-240/290-440

Building Features:

  • Building Size: 32460 SqFt
  • Available Space: 21654 SqFt
  • Number of Floors: 6
  • Cap Rate: 0.00%
  • Year Built: 1916
This Listing Supplied Courtesy of Westlake Associates, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity