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Listed by WPI Real Estate Services, Inc. Wesley Lau
$ 1,600,000
Est. payment | /mo
0.33 Acres Lot
$ 1,600,000
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Alki
MLS Listing ID 2445402
Style 43 - Comm/Industrial
Lot Size 0.330 Acres
Property Sub-Type Land
Property Description
Exceptional development parcel in West Seattle's Alki–Admiral corridor, offering a rare combination of immediate income and long-term development potential. The property's existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.
Location
State WA
County King
Area 140 - West Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N No
Building
Sewer Available
Water On Property
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing See Remarks
Listing Terms See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Igor Pechkovskyi
Real Estate Professional | Lic# 131242