13500 Lake City NE way - Commercial LAND FOR SALE


Seattle, WA 98125 9,797 SF
$3,300,000 USD
206-623-8880
13500 Lake City NE way, Seattle, WA for Sale
$3,300,000 USD
Commercial LAND - FOR SALE
1/12
9,797 SF

13500 Lake City NE way
Seattle, WA 98125


HIGHLIGHTS

  • Great owner-user opportunity
  • Corner lot - primed for redevelopment
  • Land bank opportunity at an attractive basis
  • Attractive NC3-75 (M) zoning in a frequent transit service area

OVERVIEW

Paragon Real Estate Advisors is pleased to announce the sale of the Lake City Office Building/Development Site. The current building is made up of 9,795 square feet of office space and sits on a 30,266 square foot lot zoned NC3-75 (M). The property has long term tenants that are mostly month-to-month providing a developer with income on the property while pursuing permits to eventually develop on the property. The property is well situated for development as it is a corner lot with frontage to Erickson Pl NE, NE 135th St, and Lake City Way NE. The property has a 5.5 Floor Area Ratio (FAR) and a 75 foot height limit making the total development potential of the site about 166,463 gross square feet.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/ACRE

$14,675,651/AC

PRICE/SF

$337 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lake City Office Building/Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.22 AC

LAND SF

9,795 SF

OFFSITE IMPROVEMENTS

-

ZONING

NC3-75 (M)

APN/PARCEL ID

382170-0250

ASK ABOUT THIS PROPERTY

Michael UrquhartParagon Real Estate AdvisorsMore Info
206-623-8880

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Michael UrquhartParagon Real Estate AdvisorsMore Info
206-623-8880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.