Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building… Read More height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI Read Less
Listing courtesy of Asay Realty
Listing Snapshot
Cumulative Days On Market
59
Days on Website
58
Last Updated
Property Type
Land
Lot Size
0.08 Acres
Property Tax
$678
MLS Number
2530638
30 Days Snapshot Of 98122
$867k
-9%
(avg) sold price
35
-20%
homes sold
69
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface: Paved
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: None
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Lot
0 acres, 3600 square feet
Sewer
Sewer: Available
Utilities
Utilities: "Electricity Connected", "Natural Gas Available", Electric On Property Yn: t, Electricity Status: On Property, Gas Status: On Property, Water Source: Available
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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