8517 Aurora Avenue N, Seattle, WA 98103

$3,100,000

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

Sold Price
$3,100,000
List Price
$3,200,000
Status
SOLD
MLS#
1385639
Closing Date
May 09, 2019
Days on Market
64
Lot Size (sq ft)
18,870

Property Description

Drive by only, do not enter onto property or contact staff! 26 unit motel bordering the Greenwood and Greenlake. Rare opportunity to acquire a business producing great cash flow, land bank or redevelopment potential. Large 18,870 Sq.Ft. lot zoned C1-40. HALA proposed up zone to NC3-75 with a FAR of 5.50. Increased density and height will allow an investor to capitalize and leverage this convenient and affordable location minutes from the SLU. Proposed HALA upzone could allow up to 200 units.

Additional Information

Community
Greenwood
Style
43 - Comm/Industrial
Zoning Jurisdiction
City
Sewer
Available
Tax Year
2018
School District
Seattle
Potential Terms
Cash Out
Driving Directions
From I5 take exit 172 onto N 85th St. Merge onto N 85th st. Right on Stone Ave N. Left on N 88th St. Left on Arurora. Destination is on the right.
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