Listed by Keith McKinney, Realogics Sotheby's Int'l Rlty
- Commercial Industrial
- Type
- 1955
- Year built
- 16,200 sq ft
- Lot
- 181
- Days on market
About this property
These strategically positioned parcels with leased 3384sf office building offer a unique opportunity to develop a Middle Housing, Multifamily or Mixed-use project adjacent to the Mount Baker light rail station. Combined, these fully fenced parcels total 16,200sf and are situated within the popular Mount Baker neighborhood. The impressive growth in the area is a testament to the site’s exceptional location and proximity to Seattle’s employment centers. Zoned SM-NR 95 (M), a feasibility study has been conducted by Axis/Caron Architecture envisioning the development of a 5-8-story building housing up to 125 MF or Condominium units. Recent zoning upgrades have increased the opportunity to develop affordable housing alternatives on this site also. Sale and Lease-Back terms are negotiable so don't miss this!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know Mount Baker
Jeff's Mount Baker profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Also nearby, within the same NWMLS search area.
Property details
Listing details
- Listing number
- #2501253
- Listed
- April 13, 2026
- Days on market
- 181
- Original list price
- $4,500,000
Parking
- Total spaces
- 32
Construction
- Year built
- 1955
- Style
- 60 - Comm Bldg Und 10K
- Structure
- Unspecified
- Roof
- Flat
Lot
- Lot size
- 16,200 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- City of Seattle
- Sewer
- City of Seattle
- Power
- Seattle City Light
What stands out to you?
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- Unspecified
- Flat
- Cash
Listing history
Listed
$4,500,000
April 13, 2026
Current price
$3,750,000
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
$21,837
- Principal & interest
- $18,962
- Property tax (est.)
- $2,875
Assumes $750,000 down (20%), a $3,000,000 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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 3:30 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.