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- LoopNet Team
4623 36th Ave SW
Seattle, WA 98126
Land For Sale · 0.13 AC
Investment Highlights
- Build apartments, condos, retail space, offices, or a combination of all. No limit on number of units.
- Property is located in an urban village & no parking required per City of Seattle.
- The general height limit is 75 feet. Further, a stair & elevator penthouse may extend 16 feet above the general height limit/roof line.
- Potential for views of Seattle & Sound.
PROPERTY FACTS
Description
Motivated Seller! Excellent development opportunity close to Alaska Junction. Property zoned NC3-75 (M). Zoning permits mixed-use development. Residential & Non Residential mix is allowed, OR All Residential, OR All non-residential. The general height limit is 75 feet. Further, a stair & elevator penthouse may extend 16 feet above the general height limit/roof line. Property is located in an urban village & no parking required per City of Seattle. No limit on the number of units for this zoning. Buyer to verify all with City of Seattle. Potential for views of Seattle & Sound. Build apartments, condos, retail space, offices, or a combination of all. Current building is being used as a body shop. Tenant pays $4k/month plus all utilities (but no taxes). No setback requirements per City Seattle; grandfathered as body shop if Buyer wants to continue with current use, OR receive rent while waiting for permits. The lease ends April 2022.
PROPERTY TAXES
| Parcel Number | 095200-8105 | Improvements Assessment | $1,000 |
| Land Assessment | $1,351,200 | Total Assessment | $1,352,200 |
PROPERTY TAXES
zoning
| Zoning Code | NC375 (M) |
| NC375 (M) |
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