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)
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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