Listed by Nickolas Nicoloudakis, Windermere Real Estate/M2, LLC
- 3,250
- Square feet
- $508
- Per sq ft
- Multi Family
- Type
- 1907
- Year built
- 5,400 sq ft
- Lot
- 208
- Days on market
About this property
Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 3,250 sq ft commercial building sits on a 5,400 sq ft lot and is currently home to one retail business and three residential units, offering a unique combination of commercial and residential income. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for a business seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing income, prominent commercial visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. An exceptional opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.
Location & commute
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Jeff's Neighborhood Guide
Get to know Green Lake
Jeff's Green Lake 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
- #2565711
- Listed
- April 10, 2026
- Days on market
- 208
- Price per sq ft
- $508
Unit & building
- Stories in building
- 2
- Units in building
- 4
Views
- View
- Territorial
Construction
- Year built
- 1907
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Built-UpComposition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileHardwoodVinylCarpet
Lot
- Lot features
- CurbsPavedSidewalkValue In Land
- Lot size
- 5,400 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Seattle Public Utilities
- Sewer
- Seattle Public Utilities
- Power
- Seattle City Light
Schools
- District
- Seattle
What stands out to you?
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- Territorial view
- Ceramic Tile
- Hardwood
- Vinyl
- Carpet
Listing history
Listed
$1,650,000
April 10, 2026
Derived from current MLS listing fields.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$9,608
- Principal & interest
- $8,343
- Property tax (est.)
- $1,265
Assumes $330,000 down (20%), a $1,320,000 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 November 5, 2026 at 11:00 AM PST. 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.