Listed by Daniel Sessoms, COMPASS
- Commercial Industrial
- Type
- 1977
- Year built
- 46,955 sq ft
- Lot
- 0
- Days on market
About this property
**RARE FEE-SIMPLE LAKE UNION WATERFRONT INVESTMENT OPPORTUNITY!** Discover Lee's Landing Marina, an exceptional waterfront asset along Seattle's coveted Westlake corridor. Unlike many waterfront marina properties subject to Washington State Department of Natural Resources (DNR) aquatic land leases, Lee's Landing offers fee-simple waterfront ownership, marketed without a DNR lease obligation—a significant distinction for long-term ownership, control, and investment flexibility. Featuring 40 seller-reported moorage slips, approximately 1,516 linear feet of moorage, a waterfront residence, commercial offices, and additional amenities. Approximately 1.07 acres of surveyed waterfront property, including submerged land. Multiple income streams and opportunities for operational improvements and repositioning. Ideally situated near Fremont, South Lake Union, and Downtown Seattle. A truly distinctive opportunity to own a substantial Lake Union waterfront asset with established marina operations and exceptional long-term potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
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Get to know the Queen Anne/Magnolia area
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Property details
Listing details
- Listing number
- #2597702
- Listed
- October 23, 2026
- Days on market
- 0
Parking
- Covered spaces
- 2
- Total spaces
- 2
Construction
- Year built
- 1977
- Style
- 60 - Comm Bldg Und 10K
- Structure
- Unspecified
- Roof
- FlatTorch Down
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileCarpet
Lot
- Lot size
- 46,955 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventional
Utilities
- Water
- City of Seattle
- Sewer
- City of Seattle
- Power
- Seattle City Light
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Unspecified
- Flat
- Torch Down
- Forced Air
- None
- Electric
- Natural Gas
- Ceramic Tile
- Carpet
- Cash
- Conventional
Listing history
Listed
$13,500,000
October 23, 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
$78,613
- Principal & interest
- $68,263
- Property tax (est.)
- $10,350
Assumes $2,700,000 down (20%), a $10,800,000 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 23, 2026 at 1:45 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.