804 James St
Seattle WA 98104
Bay Ridge Court
804 James St Seattle WA 98104
Listing #: 708178 | Status: Available | Last Modified: 3/30/2026 |
For Sale
- Phone:(206) 812-9130
- Email:brianp@paragonrea.com
- Office Name:Paragon Real Estate Advisors
- Office Phone:(206) 623-8880
- Office Website:www.paragonrea.com
- Agent Phone:(206) 812-9123
- Agent Email:michael@paragonrea.com
- Agent Phone:(206) 812-9101
- Agent Email:ben@paragonrea.com
- Agent Phone:(206) 406-9105
- Agent Email:rowan@paragonREA.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 9,800,000.0
- $/SF$ 300.4
- $/Unit$ 9,800,000.0
- Listing StatusAvailable
- Days on Market77
- Asset ClassMulti-Family
- Terms
- Investment Type
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.51 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units52
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF32625
- Net Rentable Area32625
- Total Office SF
- Largest Contiguous SF
- Lot SF28800
- Acres0.66
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street8th Ave
- Market AreaCapitol Hill/First Hill
- Tax ID #8590400790
- Additional Parcels
- ZoningHR (M)
- # Covered Spaces0
- # Uncovered Spaces16
- Total Parking Spots16
- Parking Ratio
- Year Built1948
- Year Renovated2008
- Completion Date
- Roof Type
- Construction Type
Bay Ridge Court
We are pleased to present Bay Ridge Court, a rare high-rise zoned multifamily asset located on a prominent corner lot in Seattle’s First Hill neighborhood. Situated on an expansive 28,800-square-foot parcel with HR (M) zoning, the property offers investors a compelling combination of in-place cash flow today and significant redevelopment potential for a future 200+ unit high-density residential project. Few opportunities in the urban core provide this level of scale, zoning flexibility, and transit-oriented positioning with such close proximity to Downtown Seattle. Bay Ridge Court currently operates as a stabilized 51-unit multifamily property (52 units per King County records, including a manager’s office) comprised of three, reinforced concrete buildings. The unit mix is well diversified
Apt. D+S #1136
