1217 6th Ave - Plymouth Church Development Site 0.66 Acres of Commercial Land in Seattle, WA 98101
EXECUTIVE SUMMARY
Meriwether Advisors, as exclusive real estate advisors to Plymouth Church, is pleased to present the opportunity to partner with Plymouth Church to redevelop their property, the West Coast’s most premier high-rise development site. Plymouth Church has occupied the 28,800 SF, 1217 6th Avenue property (“Property”) since 1912 and is now looking for a development partner to redevelop either a portion or the entire Plymouth property. The church will look to remain in the podium of the project and own a condominium interest in the space they occupy. The church has asked interested parties to submit proposals based on two distinct scenarios: a full site redevelopment, and a partial site redevelopment with the current sanctuary structure remaining in place. The offering is a once-in-a-generation opportunity to develop a marquee project in one of the nation’s fastest growing and desirable urban markets.
Offering Overview
Address: 1217 6th Avenue, Seattle, WA
Lot Size: 28,800 SF
Cross Streets: University St and Seneca St
Zoning: DOC-1 U/450-U
Allowed Uses: Office, Residential, Retail, Hotel, and Institutional
Offer Price: Unpriced, Best Offer
Offering Overview
Address: 1217 6th Avenue, Seattle, WA
Lot Size: 28,800 SF
Cross Streets: University St and Seneca St
Zoning: DOC-1 U/450-U
Allowed Uses: Office, Residential, Retail, Hotel, and Institutional
Offer Price: Unpriced, Best Offer
PROPERTY FACTS
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.66 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 0.66 AC |
DESCRIPTION
The Property is located in the heart of the Central Business District in downtown Seattle with direct access to Interstate 5 and several major arterials. The intensive Downtown Office Core 1 zoning designation allows for ample development potential, very flexible use options, and unlimited residential development ability. Based upon the Property’s size, configuration, and location, it lends well to a high-rise mixed-use development, including all or some of the following: office, residential, hotel, and retail uses in addition to the church space.
1 of 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 197570-0006 | Improvements Assessment | $227,300 |
| Land Assessment | $3,391,500 | Total Assessment | $3,618,800 |
