Description
Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 4,140 sq ft commercial building sits on a 5,465 sq ft lot and is currently home to four retail businesses, providing multiple existing commercial uses and income potential. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for businesses seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing commercial income, four retail spaces, prominent visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. A compelling opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.
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0.13ACRES
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01/2 BATHS
School Ratings & Info
Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere Real Estate/M2, LLC.
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Description
Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 4,140 sq ft commercial building sits on a 5,465 sq ft lot and is currently home to four retail businesses, providing multiple existing commercial uses and income potential. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for businesses seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing commercial income, four retail spaces, prominent visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. A compelling opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.
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