on the market

Listings/Vali Hai Apartments

Vali Hai Apartments

On The Market

Price: $17,000,000

Offers Date: To be Announced

Tour Dates:

Wed. 7/24: 1pm-3pm

Wed. 7/31: 1pm-3pm

Thurs. 8/08: 1pm-3pm

View Property Video

Access marketing materials by using the button below.

 

Property Details

Address
800 1st Ave N, Seattle, WA
Neighborhood
Queen Anne
Total Units
48 Units
Avg. Unit Size
688 SF
NRSF
33,905 SF
Year Built
1959
Land Size
25,400 SF
Parking
42 Spaces
Parcel No.
545730-0300

Unit Mix

Studio
2 Units
1x1
3 Units
1x1 L
31 Units
2x1
12 Units

Opportunity

Vali Hai presents a rare chance to own a piece of Seattle’s architectural legacy in the coveted Queen Anne neighborhood.

Vali Hai Apartments, located in Lower Queen Anne minutes from downtown Seattle, offers stunning views of the city, Space Needle, Puget Sound, and Olympic Mountains. With potential to increase income by $405,800 through renovations, and a redevelopment opportunity for luxury townhomes on the parking lot, this property is a rare generational investment.

Prime Location

Lower Queen Anne, minutes from downtown and major employers.

Incredible Views

Panoramic views of downtown Seattle, the Space Needle, Puget Sound, and the Olympic Mountains.

Value-Add Potential

Renovate units to increase income by 37%

Redevelopment Opportunity

Potential to develop luxury townhomes on the existing parking lot.

Generational Investment

First time on the market, offering a rare piece of Seattle’s architectural heritage.

Location

Open Google Maps

Vali Hai Apartments

800 1st Ave N
Seattle, WA 98109
Units: 48
Price: $17,000,000

About the Area

Queen Anne is one of Seattle’s most desirable neighborhoods, located just minutes away from Seattle’s downtown core, offering unparalleled access to the city’s premier amenities, entertainment, and major employers.

Situated at the heart of Seattle, the Queen Anne neighborhood stands as a vibrant and prestigious community, seamlessly blending historical charm with modern urban living. With landmarks such as the Seattle Center, Climate Pledge Arena, and Kerry Park, Queen Anne emerges as a cultural and entertainment hub, attracting both locals and visitors alike.

$1.2 Billion - Climate Pledge Arena Renovation

The recent $1.2 billion renovation of Climate Pledge Arena has greatly enhanced the neighborhood, attracting major events and boosting local businesses. As a state-of-the-art venue for sports, concerts, and other large-scale events, it has revitalized the area around the Seattle Center, drawing more visitors and stimulating economic growth.

Access marketing materials

Have questions? Give us a call

Contact Us

Exclusive Listing Brokers

Call/Text: 206.414.8575

Call/Text: 425.736.5516

Call/Text: 425.691.6826