2800 3rd Ave - Seattle Center Development Site 0.64 Acres of Commercial Land in Seattle, WA 98121
INVESTMENT HIGHLIGHTS
- Ultra core location within walking distance to major employers: Amazon Headquarters, Google, Meta, Apple, Redfin and Zillow
- Maximum FAR of 5.5, allowing the development of 152,262 SF of building area
- Walking distance to Climate Pledge Arena, South Lake Union, Denny Triangle and Pike Place Market
- Allows for flexible uses such as residential, hospitality, or hybrid concepts
- Zoned to build up-to 9 stories or 95 feet
EXECUTIVE SUMMARY
CBRE is pleased to present the Seattle Center Development Site (the “Property” or “Site”), encompassing 27,684 SF and located directly adjacent to the iconic Space Needle. The Site is situated in the heart of Seattle's urban scene, easily walkable to some of the city's most iconic landmarks and popular entertainment, including the Space Needle and Climate Pledge Arena, home to Seattle’s NHL Kraken team and a fully booked A-list concert venue.
Located within walking distance of major employers such as Amazon, Google, Meta, Apple, Redfin, and Zillow, the neighborhood attracts highly skilled workers, ensuring a steady influx of high-income tenants. The Site is a short walk to key locations including Climate Pledge Arena (10 minutes), South Lake Union (7 minutes), Denny Triangle (5 minutes), Pike Place Market (5 minutes), Microsoft Connector Shuttle stop (2 minutes), Westlake Light Rail Station (10 minutes), and Downtown Seattle Central Business District (7 minutes). The property is also only a short twenty-minute commute to downtown Bellevue and a twenty-five-minute commute to downtown Redmond, making it highly attractive to tech workers.
Located within walking distance of major employers such as Amazon, Google, Meta, Apple, Redfin, and Zillow, the neighborhood attracts highly skilled workers, ensuring a steady influx of high-income tenants. The Site is a short walk to key locations including Climate Pledge Arena (10 minutes), South Lake Union (7 minutes), Denny Triangle (5 minutes), Pike Place Market (5 minutes), Microsoft Connector Shuttle stop (2 minutes), Westlake Light Rail Station (10 minutes), and Downtown Seattle Central Business District (7 minutes). The property is also only a short twenty-minute commute to downtown Bellevue and a twenty-five-minute commute to downtown Redmond, making it highly attractive to tech workers.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.64 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 0.64 AC |
The Site consists of two parcels, measuring 17,280 SF and 10,584 SF, and is zoned DMC-95 with a maximum FAR of 5.5, allowing the potential to develop up to 152,262 SF of building area and up to 9 stories offering highly desirable picturesque views of
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (94)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,000 | |
| Land Assessment | $17,415,000 | Total Assessment | $17,416,000 |
ZONING
| Zoning Code | DMC-95 |
