5520 University Way NE Seattle, WA 98105
Listing Courtesy of: Northwest MLS / Compass

  5520 University Way NE Seattle, WA 98105

Active (12 Days)
$2,999,950
7,440
SQFT
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Description

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!

MLS #:
2345797
Taxes
$22,021(2024)
Lot Size
7,440 SQFT
Type
Land
Building Name
Turner H S & Cos University
Style
Comm/Industrial
Views
Territorial
School District
Seattle
County
King County
Community
University District

Listed By

Mary Pong, Compass
Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 4 2025 at 11:03 AM PDT
Bathroom Details
Subdivision
  • University District
Lot Information
  • Sidewalk
  • Paved
  • Open Space
  • Curbs
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: In Street
  • Energy: Green Generation:, Green Efficiency:, Green Verification:
Location
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Disclaimer: Based on information submitted to the MLS GRID as of 4/4/25 04:03. 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.
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