7216 Aurora Avenue N, Seattle, WA 98103

Active

7216 Aurora Avenue N, Seattle, WA 98103


Courtesy of: Daniel Lim | Lee & Associates Commercial RE
$3,100,000 Seattle, WA 98103
  • 0.20 Acres
  • King County

Key Features

  • MLS ID: NWM1911921
  • Status: Active
  • Property Type: Land
  • Area: 705 - Ballard/Greenlak
  • Address: 7216 Aurora Avenue N, Seattle, WA 98103
  • City: Seattle
  • State: WA
  • Zip: 98103
  • County: King
  • Virtual Tour Link: View Tour #1

Description

Green Lake Apartments is a unique opportunity to acquire a nearly entitled multifamily development site on the Northern end of Green Lake. This prominent corner lot features 8,735 square feet of land with frontage on Aurora Avenue N, and is zoned NC3P-55(M), which could support development of up to 41 SEDUs. The Project is well along in the MUP permitting process in its current iteration as 29 market-rate units. This opportunity offers the potential to reduce the pre-development period for a developer, allowing them to achieve stabilized yields within a shorter time frame.

Property Map

North on Hwy-99, site is on the right one block past W Green Lake Dr N

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