Active · Land

5520 University Way NE, Seattle, WA 98105-3521

Seattle, WA 98105

$2,490,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by COMPASS · MLS #2531005 · Active

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About this property

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

Property details

Property type: Land
Lot size: 7,440 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $22,021 (2024)
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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