$2,100,000
South Park Building
Listing Type: For Sale
Property Type: Retail
Status: Available
CBA ID#: 679644
8500 14th Ave S
Seattle, WA 98108

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Commercial Property

Marketing Description:

Discover a remarkable opportunity to invest in Seattle's vibrant South Park neighborhood with this prime commercial property, ideally located at the bustling corner of 14th St and Cloverdale St. Spanning a generous 10,500 sqft, this site presents a dual-purpose investment prospect, suitable for its current use or envisioned for an ambitious new development.Thanks to its NC3P-55 (M) zoning, this property boasts the potential for a transformative development project. According to a feasibility study, the site can accommodate a dynamic multi-unit residential build, comprising 40+ units, with each unit offering an efficient and modern living space of approximately 600 square feet. This presents an ideal scenario for developers aiming to tap into the residential market with a large-scale apar

Land Features:

  • Lot Size: 10454 SqFt
  • Lot Acreage: 0.24 Acres
  • Zoning: NC3P-55(M)
  • Total Parking: 12
  • Uncovered Parking: 12

Building Features:

  • Building Size: 5870 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Construction: Wood
  • Year Built: 1940
This Listing Supplied Courtesy of NextHome Prolific
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.
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