$3,850,000
UW 17th Ave NE Development Site
Listing Type: For Sale
Property Type: Land, Multi-Family
Status: Pending
CBA ID#: 677739
4740 17th Ave NE
Seattle, WA 98105

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Commercial Property

Marketing Description:

We are pleased to announce the exclusive listing of the UW 17th Ave Development Site located blocks away from the University of Washington. The property is located at 4740 17th Ave NE and is currently a parking lot. The site is 12,960 square feet and is zoned LR3(M) in the University District Urban Center. Early design review proposed the highest and best use is a 5 story 91 unit SEDU building with a total of 34,960 gross and 29,806 rentable square feet but a townhouse project is also feasible.. The average unit size is +/-327 square feet. Located in the heart of the University of Washington’s off-campus housing, the new development will benefit significantly from high rental demand of student housing. The University of Washington is consistently ranked among the top public universities

Land Features:

  • Lot Size: 12960 SqFt
  • Lot Acreage: 0.3 Acres
  • Zoning: LR3(M)

Building Features:

  • Building Size: 34560 SqFt
  • Number of Floors: 5
  • Cap Rate: 0.00%
This Listing Supplied Courtesy of Paragon Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity