Paragon Real Estate Advisors is pleased to exclusively offer for sale the North Beacon Hill SEDU/Townhome Development Site. This site boasts a square 14,400 sq. ft. lot zoned LR3 (M) and is well-positioned in the desirable North Beacon Hill sub-market of Seattle, less than 1.5 miles from the Seattle CBD, which is one of the fastest-growing job centers in America. The opportunity provides for multiple attractive development approaches such as SEDU’s, apartments, or townhomes. Existing improvements include an abandoned 8-unit apartment building making it one step closer to shovel ready. Preliminary drawings from Lien Nishiwaki Architects suggest the site’s highest and best use would be developing a new 5-story building with 61 SEDU’s averaging 290 sq. ft. in size. As housing prices continue to rise and West Seattle’s main entry point into downtown Seattle has been closed down for the next few years, Beacon Hill growth is primed to benefit from the increased demand from homeowners and renters.