All homes

$2,490,000

5520 University Way

Seattle, WA 98105

Active
Territorial view

Beds

Baths

Sq Ft

Lot

0.17 ac

Year built

Type

Land

Days listed

107

MLS #

2531005

About this home

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in rental housing, retail or mixed use, this site holds immense potential! Offers welcomed!

Property details

View
Territorial
Lot
Curbs, Open Space, Paved, Sidewalk
Water source
Available, In Street
Sewer
In Street
Utilities
Electricity Available, Natural Gas Available

Costs

Annual taxes
$22,021 (2024)

Estimate your monthly payment

$14,426/mo

Principal & interest
$12,591
Property taxes
$1,835
Loan amount $1,992,000

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 98105

Approximate location. Contact us to confirm the exact address.

Listing courtesy of COMPASS— Mary Pong.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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