About this home

These strategically positioned parcels with leased 3384sf office building offer a unique opportunity to develop a Middle Housing, Multifamily or Mixed-use project adjacent to the Mount Baker light rail station. Combined, these fully fenced parcels total 16,200sf and are situated within the popular Mount Baker neighborhood. The impressive growth in the area is a testament to the site’s exceptional location and proximity to Seattle’s employment centers. Zoned SM-NR 95 (M), a feasibility study has been conducted by Axis/Caron Architecture envisioning the development of a 5-8-story building housing up to 125 MF or Condominium units. Recent zoning upgrades have increased the opportunity to develop affordable housing alternatives on this site also. Sale and Lease-Back terms are negotiable so don't miss this!

Exterior features

Brick

Property details

Water source: Public
Sewer: Sewer Connected

Costs

Annual taxes: $25,027 (2025)

Estimate your monthly payment

$21,048/mo

Principal & interest: $18,962
Property taxes: $2,086

Down payment (20%) $750,000 Interest rate (%) Loan term (years)

Loan amount $3,000,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98144

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Realogics Sotheby's Int'l Rlty— Keith McKinney.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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