652 NW 85th Street, Seattle, WA 98117
- $885,000
Listing Broker: Windermere RE Greenwood; Jack Malek; 206-498-2189; jmalek@windermere.com
- List Price
- $885,000
- Status
- ACTIVE
- MLS#
- 2587024
- Days on Market
- 0
- Lot Size (sq ft)
- 4,700
Property Description
Opportunity for Crown Hill Urban Village Multi-Family property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA. Finance Sheet Uploaded.
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Additional Information
- Community
- Crown Hill
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Features
- Garden/Fruit Trees, Lightly Treed
- View
- Territorial
- Sewer
- On Property
- Tax Year
- 2025
- School District
- Seattle
- Elementary School
- Loyal Heights
- Middle School
- Whitman Mid
- High School
- Ingraham High
- Potential Terms
- See Remarks
- Driving Directions
- GPS is accurate: From I-5 take the 85th Street Exit heading West. Continue past Aurora Ave N. Property is East of Chuck's Hop Shop before 8th Ave NW.
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