Property Details

16 Valley St
Seattle, WA 98109
$6,995,000
CBA# 708782 courtesy of CBA Listing firm: Lee & Associates Commercial Real Estate Services

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16 Valley St, Seattle

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Commercial
Property Type
13,716
Bldg Sq Ft
23
Units
4.00%
Cap Rate
1928
Year Built

Property Overview

We are pleased to present the Ella Robert, a 23-unit apartment community located on the south slope of the highly desirable Queen Anne neighborhood, considered by many to be the heart center of Seattle. Originally constructed in 1928, the building blends timeless architectural character with thoughtful modernization, offering residents a refined living experience that pairs charm with today’s most desired amenities.Ella Robert is a classic brick veneer, wood-frame building with extensive system upgrades valued over $1.1M including updated electrical and plumbing systems and a roof replacement completed in 2020. reinforcing long-term durability while limiting near-term capital exposure. The property also offers 14 secure garage parking stalls with sprinklers. Select units enjoy views of

Property Details

Property Information

Property Type Commercial Sale
Status Available
County King
Listed Apr 27, 2026

Financial Summary

Cap Rate 4.00%

Building & Use

Building Sq Ft 13,716
Total Units 23
Zoning LR3(M)
Possible Use Multi-Family
Year Built 1928

Exterior & Lot

Year Built 1928

Location

City Seattle
County King
Coordinates 47.62660, -122.35600
Listed By
Candice Chevaillier, CCIM
Lee & Associates Commercial Real Estate Services

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