5520 University Way NE Seattle, WA 98105
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Compass

  5520 University Way NE Seattle, WA 98105

Active (376 Days)
$2,999,950 (USD)
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
Last checked Apr 4 2026 at 12:54 AM PDT
Bathroom Details
Subdivision
  • University District
Lot Information
  • Curbs
  • Sidewalk
  • Paved
  • Open Space
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: In Street
Location
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 4/3/2026 17:54. 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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