Cushman & Wakefield Capital Markets (“C&W”) is pleased to present an exclusive opportunity to acquire 10540 Greenwood Ave N (the “Property”), a partially completed apartment complex located in the Greenwood neighborhood of North Seattle. The development features 63 residential units—a mix of SEDUs, studios, open 1-bedrooms, and traditional 1-bedrooms - plus two ground-level commercial spaces totaling approximately 2,400 square feet. Designed with market-rate functionality in mind, the building offers a mix of layouts averaging 443 square feet, plus desirable tenant amenities such as a rooftop deck with Olympic Mountain views, secure bike storage, and underground parking for 34 vehicles.
The foundation and garage structure are already underway, providing a head start for an investor or developer ready to complete the project. Located near key transportation corridors and close to expanding light rail service, this property benefits from excellent connectivity and strong long-term growth fundamentals. The site is zoned C1-55 (M) on a 14,400 SF parcel and is being offered as-is.