5520 University Way NE, Seattle, WA 98105
- $2,490,000
Listing courtesy of COMPASS.
- List Price
- $2,490,000
- Status
- ACTIVE
- MLS#
- 2531005
- Days on Market
- 490
- Lot Size (sq ft)
- 7,440
Property Description
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!
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Additional Information
- Community
- University District
- Style
- 43 - Comm/Industrial
- Zoning Jurisdiction
- City
- Restrictions
- Unknown
- View
- Territorial
- Sewer
- In Street
- Tax Year
- 2024
- School District
- Seattle
- Potential Terms
- Cash, Conventional
- Driving Directions
- Use GPS for directions.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.