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JRJeff ReynoldsCompass · Seattle

Listed by TC Wu, WPI Real Estate Services, Inc.

Land
Type
10,800 sq ft
Lot
322
Days on market

About this property

A rare high-rise development site in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience. Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

Location & commute

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Directions

Property details

Listing details

Listing number
#2425563
Listed
August 25, 2025
Days on market
322

Unit & building

Building
TERRYS 1ST ADD 3 & NLY 1/2 OF 6 PLAT

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot size
10,800 sq ft

Terms

Terms offered
Cash

Utilities

Utilities
Electricity Not Available
Water
Not Available
Sewer
Not Available

Schools

District
Seattle

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  • None
  • Cash
  • Electricity Not Available
  • Not Available

Listing history

  1. Listed

    $8,200,000

    August 25, 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

$47,751

Principal & interest
$41,464
Property tax (est.)
$6,287

Assumes $1,640,000 down (20%), a $6,560,000 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 14, 2026 at 12:00 AM 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.