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JRJeff ReynoldsCompass · Seattle
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Active

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

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Directions

Jeff's Neighborhood Guide

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

  1. 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.

Similar nearby listings

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.