Listing courtesy of Capstone Commercial
Property Description

Development site with frontage on East Olive Way and Belmont Ave East in the Capitol Hill area of Seattle, WA. Property consist of 5700 square feet of land zoned NC3P-75(M). Existing structure is 1850 square feet and has four tenants with lease terms expiring starting in May of 2021 and the last lease expiring in June of 1024. Great opportunity to generate income from the existing tenant base while working through the planning and permitting process with the City of Seattle. Excellent NC3P-75(M) zoning allows development height up to 75 feet. This high density zoning should allow for a mixed use project with over 50 residential units.

Address Map
USA
WA
King
Seattle
98102
Olive Way
1621
0
W123° 40' 31.7''
N47° 37' 9.5''
Additional Listing Information
390 - Central Seattle
Drive on E Olive to 1621 through 1635.
Capitol Hill
Provided
0
0
42 - Multi-Family
: On property
: Available, On Property
NC3P-75(M)
Capstone Commercial
Ryan Downing
Active
NWM27545
0 Sqft
NWM5936

Land For Sale

1621 Olive Way, Seattle, Washington 98102

0 Bedrooms
0 Bathrooms
5,700 Sqft
$3,990,000
NWMLS # #NWM1752940
Basic Details
Property Type : Land
Listing Type : For Sale
NWMLS # : NWM1752940
Price : $3,990,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 0
Lot Area : 5,700 Sqft
Agent info
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