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Listing Firm: Lee & Associates Commercial RE: Daniel Lim

Active
NWMLS # 2360738

$10,700,000

711 N 35th Street , Seattle, WA 98103

Listings with the three tree icon are courtesy of NWMLS

About This Property

he Equinox is a premier investment opportunity in Seattle’s highly desirable Fremont neighborhood. It features 23 apartments and 5 commercial units. A $2.1M capital improvement project in 2024/2025 added a new roof, siding, & an updated lobby. Units include high-end finishes, LVP flooring, SS appliances, and in-unit WD with views of Lake Union. Three large units were converted into 9 studios/SEDUs, with potential for 10 more units through add'l conversions. Five new units are master leased. Income from commercial tenants and a cell tower lease enhance revenue stability. Strong cash flow, diverse income from commercial tenants and a cell tower lease, and expansion potential make this a rare core asset in a high-demand, high-barrier market.

Aris360 Last Checked: 2 Minutes Ago (Jul 21, 2025 03:42 AM)

  • Source: NWMLS as Distributed by MLS Grid #2360738

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 35th
  • Zip/Postal Code: 98103
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Fremont
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.349204
  • Latitude
    • 47.650173
  • Directions
    • Heading north on Fremont Ave. Left on N 35th. Located mid block.

  • Interior
    • Laminate
    • Laminate Hardwood
    • Laminate Tile
  • Floors
    • Laminate
  • Power Production Type
    • Electric

  • Stories
    • 4
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 26
  • Lot Description
    • Adjacent to Public Land,
    • Alley,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Cement Planked
    • Metal/Vinyl
    • See Remarks
  • Site Description
    • Deck,High Speed Internet,Patio,Rooftop Deck,Sprinkler System
  • Roof
    • Flat,
    • See Remarks,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 26
  • Building Total Area (Sq. Ft.)
    • 7583
  • Has View
    • Yes
  • Energy Features
    • Thermal Windows,
  • View Description
    • City,
    • Lake,
    • Mountain(s),
    • Partial,
    • See Remarks,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $79724
  • Year Built
    • 2001
  • Effective Year Built
    • 2025
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jul 21 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jul 21, 2025 03:42 AM