9057-9059 16th Ave SW - Commercial LAND FOR SALE


Seattle, WA 98106- South Delridge | 9,862 SF
$899,000 USD
425-417-5078
9057-9059 16th Ave SW, Seattle, WA for Sale
$899,000 USD
Commercial LAND - FOR SALE
1/5
9,862 SF

9057-9059 16th Ave SW
Seattle, WA 98106
South Delridge


HIGHLIGHTS

  • Fully entitled 72-unit SEDU project with Master Use Permit and building permit ready for issuance.
  • Located within walking distance to White Center retail core including QFC, Target, and numerous dining options.
  • Excellent transit access via RapidRide H Line and close proximity to SR 509 and SR 99, providing direct routes to Downtown Seattle.
  • Walkable community setting with an 85 Walk Score and abundant nearby amenities such as parks and grocery stores.
  • Strong market fundamentals with minimal new multifamily supply and high demand for micro-unit housing.

OVERVIEW

Lee & Associates is pleased to present the opportunity to acquire 9057–9059 16th Ave SW, a shovel-ready 9,864 SF SEDU development site located in Seattle’s South Delridge neighborhood, just two blocks from the White Center retail core. The property benefits from an 85 Walk Score, immediate access to the RapidRide H Line, and excellent regional connectivity via SR 509 and SR 99, providing an approximately 14-minute drive to Downtown Seattle. The site is zoned LR3 RC and is fully entitled for a 72-unit Small Efficiency Dwelling Unit (SEDU) apartment project totaling approximately 29,365 GSF. The proposed development includes efficient SEDU layouts averaging approximately 279 SF and 16 top-floor loft units averaging approximately 380 SF. The Master Use Permit (MUP) and Building Permit are ready for issuance allowing a future developer to significantly reduce entitlement timelines and move directly into construction.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/ACRE

$3,970,041/AC

PRICE/SF

$91 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.23 AC

LAND SF

9,864 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LR3 RC (M)

APN/PARCEL ID

789980-1010,789980-1015

ASK ABOUT THIS PROPERTY

Stuart WilliamsLee & Associates Commercial Real Estate ServicesMore Info
425-417-5078

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

Stuart WilliamsLee & Associates Commercial Real Estate ServicesMore Info
425-417-5078

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