5435 Delridge Way SW - Commercial LAND FOR SALE


Seattle, WA 98106- High Point4,792 SF
$950,000 USD
206-228-4989
5435 Delridge Way SW, Seattle, WA for Sale
$950,000 USD
Commercial LAND - FOR SALE
1/4
4,792 SF

5435 Delridge Way SW
Seattle, WA 98106
High Point


HIGHLIGHTS

  • 4-5 story mixed-use building (~14,880 sq. ft. max).
  • Ground-floor retail + apartments above (likely 15-25 units, depending on unit sizes).
  • Proximity to Delridge Way (major arterial), transit, and amenities.

OVERVIEW

Prime Mixed-Use Development Opportunity – NC2P-55 (M) Zoning Located in the rapidly evolving Delridge neighborhood of West Seattle, this 4,960 sq. ft. (approx. 0.11 acres) parcel offers a compelling opportunity for developers and investors seeking density near urban amenities. Zoned NC2P-55 (M) (Neighborhood Commercial with Mandatory Housing Affordability), the site supports mixed-use development up to 55 feet (approximately 4–5 stories) . Development Highlights: Maximum Buildable Area: Approx. 14,880 sq. ft. (based on estimated 3.0 FAR) Potential Use: Ground-floor retail with residential above (15–25 units possible depending on unit mix) MHA Requirement: Flexible compliance via 5–11% affordable housing or fee in-lieu (~$20–30/sq. ft. in this zone) Location Advantages: Frontage along Delridge Way SW – a major arterial with high visibility and transit access Part of Seattle’s MHA program area, encouraging density near Urban Villages Strong rental demand and rising land values driven by ongoing development in West Seattle

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/ACRE

$8,636,364/AC

PRICE/SF

$198 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Land/Grocery & Gas Anchored Delridge Way Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.11 AC

LAND SF

4,792 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable

ZONING

NC2P-55(M)

APN/PARCEL ID

177310-1405

ASK ABOUT THIS PROPERTY

Hawa FadigaREALTYALL.COMMore Info
206-228-4989

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Hawa FadigaREALTYALL.COMMore Info
206-228-4989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.