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JRJeff ReynoldsCompass · Seattle

Listed by Tayna Lorella, COMPASS

Commercial Industrial
Type
1951
Year built
4,200 sq ft
Lot
502
Days on market

About this property

Multifamily/Retail Development opportunity in coveted South Lake Union. 4050 SF Building on a 4200 SF lot in the heart of Seattle/South Lake Union. Zoned SM-SLUR 65/95 allows for mixed use opportunities with a maximum of 65' for non-residential use and 95' for base residential use targeting developments to allow for walkability, transit, to provide a vibrant mix of residential and non-residential uses. One of two remaining lots on this block for development, surrounded other mixed multifamily developments and next to Cascade Playground. Minutes away from South Lake Union, Capital Hill, Space Needle, Amazon, Google, REI, Whole Foods, across the street from Cascade Playground. Located a couple blocks from I-5, between 520 and I-90.

Location & commute

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Directions

Property details

Listing details

Listing number
#2335620
Listed
February 26, 2025
Days on market
502

Construction

Year built
1951
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Torch Down

Lot

Lot size
4,200 sq ft

Terms

Terms offered
Cash Out

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
City of Seattle

What stands out to you?

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  • Unspecified
  • Torch Down
  • Cash Out

Listing history

  1. Listed

    $1,750,000

    February 26, 2025

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$10,191

Principal & interest
$8,849
Property tax (est.)
$1,342

Assumes $350,000 down (20%), a $1,400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.