1223 W Nickerson Street #1-11, Seattle, WA 98119

Canal Apartments,N.Queen Anne, minutes to Ballard,Fremont,Downtown Seattle,a value-add opportunity,8,448-SF corner lot with C2-55 (M) zoning makes it an excellent candidate for redevelopment, while providing cash flow during the permitting process. Rent upside, 12 parking spaces,10 one-bedroom/one-bathroom units and 1 approx. 1,000-SF retail/office space potential to convert the commercial space into 1 or 2 apartment units*The property is brick veneer construction, featuring secured entry, wide corridors, original wood trim, dual-pane windows. Updates include an electrical system upgrade in the 1980s. Copper & PEX updates to original.