The Lee & Associates NW Multifamily Team is pleased to present the exclusive listing of The Standard, a 20-unit building located in the Uptown Queen Anne neighborhood of Seattle. Attractively situated near the Seattle Center and the Puget Sound waterfront, The Standard provides tenants the excellent access to work, school & play. The unit mix consist of 16 1-bed, two 2-bed units and two 3-bed units with mid-century floorplans averaging in size of 600 sf for the 1-bedrooms up to 900 sf for the 3-bedrooms. The majority of the units have received updated cabinetry, counters, tiled backsplashes and appliances. The original wood flooring has been persevered in the units. Positioned on a 12,020 sf MR (M) zoned lot, initial massing studies suggest 75+ unit development potential (buyer to verify). The acquisition of the Standard not only secures a prime piece of Seattle real estate but also offers an investor significant potential for future development and appreciation. With its strategic location, rental upside and multiple exit strategies, the Standard is an exceptional opportunity for investors seeking a blend of immediate rental income and long-term opportunities. Please visit property website for OM and additional DD. Contact LB for tour schedule.