Property Details

650 W Bertona Street
Seattle, WA 98119
$1,600,000
CBA# 715035 courtesy of CBA Listing firm: Lee & Associates Commercial Real Estate Services

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650 W Bertona Street, Seattle

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Commercial
Property Type
3,746
Bldg Sq Ft
7
Units
5.00%
Cap Rate
1958
Year Built

Property Overview

We are pleased to present the Bertona Apartments, a 7-unit apartment community built in 1958 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations.The building offers seven one-bedroom units with efficient layouts, 8 surface parking spaces, and a dedicated common laundry and storage area. The top floor unit is a standout, canal views and a large private deck make it an ideal owner-occupant penthouse or a premium rental commanding top-of market rents. A comprehensive capital improvement program addressed building envelope repairs and plumbing upgrades in 2017, a full roof replacement in 2006, electrical upgrades in 2024, and new flooring throughout, allowing a new owner to direct capital toward light interior finishing rather than deferred maintenance.Positioned in North Queen Anne with seamless access to Fremont, Ballard, Interbay, South Lake Union, and Downtown Seattle, and within easy reach of Apple, Anthropic, Meta, Google, Amazon, and Expedia, the Bertona Apartments sit in one of Seattle’s most consistently in-demand rental submarkets. With a well-maintained building, a compelling owner-user opportunity, and a fully vacant delivery, this is an immediately executable opportunity to lease, reposition, and maximize returns from day one.

Property Details

Property Information

Property Type Commercial Sale
Status Pending
County King
Listed Aug 9, 2026

Financial Summary

Cap Rate 5.00%

Building & Use

Building Sq Ft 3,746
Leasable Area 3,485 sqft
Total Units 7
Zoning LR1(M)
Possible Use Multi-Family
Year Built 1958

Exterior & Lot

Year Built 1958

Location

City Seattle
County King
Coordinates 47.65050, -122.36600
Listed By
Candice Chevaillier, CCIM
Lee & Associates Commercial Real Estate Services

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