This offering features a 14,400 square foot lot with LR3(M) zoning, ideally located in Seattle’s highly sought-after North Beacon Hill submarket—less than 3 miles from the Seattle Central Business District, one of the fastest-growing employment centers in the nation. The property presents a compelling opportunity for a range of development strategies, including SEDUs, multifamily apartments, or townhomes. Existing improvements include a vacant 8-unit apartment building, positioning the site closer to shovel-ready status and reducing upfront entitlement timelines. Preliminary massing studies indicate the site’s highest and best use as a new five-story building featuring approximately 61 SEDUs, with average unit sizes of 290 square feet.

Existing improvements include an abandoned 8-unit apartment building.

Residential