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JRJeff ReynoldsCompass · Seattle

Listed by Wesley Lau, WPI Real Estate Services, Inc.

Land
Type
14,375 sq ft
Lot
271
Days on market

About this property

Exceptional development parcel in West Seattle’s Alki–Admiral corridor, offering a rare combination of immediate income and long-term development potential. The property’s existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.

Location & commute

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Directions

Property details

Listing details

Listing number
#2445402
Listed
October 15, 2025
Days on market
271

Unit & building

Building
Westbay Professional Building

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot size
14,375 sq ft

Terms

Terms offered
See Remarks

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
On Property
Sewer
Available

Schools

District
Seattle

What stands out to you?

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  • None
  • See Remarks
  • Electricity Connected
  • Natural Gas Available
  • On Property
  • Available

Listing history

  1. Listed

    $1,600,000

    October 15, 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

$9,317

Principal & interest
$8,090
Property tax (est.)
$1,227

Assumes $320,000 down (20%), a $1,280,000 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.