About this home

Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 3,250 sq ft commercial building sits on a 5,400 sq ft lot and is currently home to one retail business and three residential units, offering a unique combination of commercial and residential income. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for a business seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing income, prominent commercial visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. An exceptional opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.

Exterior features

Property details

Heating

Baseboard

Cooling

None

Flooring

Ceramic Tile, Hardwood, Vinyl, Carpet

View

Territorial

Lot

Curbs, Paved, Sidewalk, Value In Land

Water source

Public

Sewer

Sewer Connected

Costs

Annual taxes

$14,612 (2025)

Location

Seattle, WA 98115