About this home

Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.

Exterior features

Appliances

Schools

Property details

Heating

Baseboard

Cooling

None

Flooring

Hardwood, Vinyl, Carpet

Parking

None

View

City

Lot

Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land

Water source

Public

Sewer

Sewer Connected

Levels

One

Costs

Price / sq ft

$693

Annual taxes

$6,281 (2026)

Location

Seattle, WA 98122