Capitol Hill Development Site Retail FOR SALE


Seattle, WA
$7,699,000 USD
425-417-7158
, Seattle, WA for Sale
$7,699,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

Capitol Hill Development Site
Seattle, WA


HIGHLIGHTS

  • Total Assemblage – 12,850 SF
  • Current Zoning: 110 Summit Ave E - NC3-75 (M); 1611 E Olive Way – NC3P-75 (M)
  • Shape & Frontage: The assembled sites are a triangular configuration
  • Topography: The site slopes gently downward from east to west
  • Utilities: All necessary utilities appear to be available to the site

OVERVIEW

NAI Puget Sound Properties is pleased to exclusively offer for sale the 110 Summit Ave E and 1611 E Olive Way development site, located in the heart of the retail/commercial core of the Capitol Hill neighborhood of Seattle. The site presents a unique development opportunity in one of the most desirable neighborhoods in both Seattle and the greater Puget Sound region. It is located on a major commercial corridor in a high-density and vibrant community and offers corner locations with street frontage on two sides, allowing maximum natural light and great view potential. The property is near the Capitol Hill Link Light Rail and Seattle Streetcar stations, in addition to numerous bus routes in close proximity. Only two neighborhoods in the Seattle area are accessible by all 3 major transportation systems. This transit-oriented location provides excellent access to nearby employment centers such as the Seattle Central Business District, South Lake Union, the University of Washington main campus and hospital, and the First Hill medical community. In addition, the property is near Cal Anderson Park, which is the hub of the local community.

ASK ABOUT THIS PROPERTY

Dean AltarasNAI Puget Sound PropertiesMore Info
425-417-7158

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

Dean AltarasNAI Puget Sound PropertiesMore Info
425-417-7158

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