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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Andrea Hettinga Kearns, COMPASS

Land
Type
5,384 sq ft
Lot
0
Days on market

About this property

Prime buildable 5384 sq ft lot on Capitol Hill, offering incredible potential in a highly sought-after area. Zoned NC3P75 (M), it allows for up to 75 feet tall of future development (6-7 stories), making it ideal for a mixed-use project. Future building can be used as apartments, condos, office space, hotel, grocery or retail. The possibilities are endless! The current structure on the land is 2802 sq ft that was taken down to the studs in 1995. It was previously used as a law office for many years with 10 rooms, 2 bathrooms and an apartment in the basement with a separate entrance that includes a full kitchen. There is also a parking lot in the back that can fit 4 cars. Lots of options for adaptive reuse or redevelopment. Located in a high demand area near major transit routes, shopping, and dining, with easy access to downtown Seattle and surrounding neighborhoods. This site offers unparalleled convenience for future residents and businesses. A prime opportunity to build in an established and high demand community! Seller open to owner financing.

Location & commute

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Directions

Property details

Listing details

Listing number
#2581574
Listed
September 11, 2026
Days on market
0

Construction

Style
43 - Comm/Industrial
Structure
None

Lot

Lot features
PavedSidewalk
Lot size
5,384 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
On Property
Sewer
On Property

Schools

District
Seattle

What stands out to you?

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  • None
  • Paved
  • Sidewalk
  • Cash
  • Conventional
  • Owner Will Carry
  • Electricity Connected
  • Natural Gas Available
  • On Property

Listing history

  1. Listed

    $1,550,000

    September 11, 2026

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

$9,026

Principal & interest
$7,838
Property tax (est.)
$1,188

Assumes $310,000 down (20%), a $1,240,000 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 September 11, 2026 at 12:45 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.