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Listed by:John L Scott RE West Seattle • Jonn McYnturff
$3,500,000
Est. payment /mo
0.55 Acres Lot
Active
5222 -36 Delridge WAY SW Seattle, WA 98106
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Delridge
MLS Listing ID 2498025
Style 43 - Comm/Industrial
Annual Tax Amount $31,940
Lot Size 0.545 Acres
Property Sub-Type Land
Property Description
Rare development opportunity on Delridge Way SW offering both multifamily and for-sale residential potential. Five parcels combine for approx. 23,760 SF with nearly 200 feet of frontage, alley access and NC2P-55(M) zoning. In addition to a traditional mixed-use/multifamily concept, explore a townhome-focused plan incorporating street-front live/work residences along Delridge with conventional townhomes positioned behind. The live/work concept could pair ground-floor commercial space with a multi-level residence above, creating individually saleable units while addressing required street-level commercial frontage. Similar live/work/townhome designs have been successfully developed along other West Seattle commercial corridors. Existing 15 units provide income while evaluating redevelopment options. With strong access to transit, West Seattle amenities, downtown and major employment centers, this sizable assemblage offers flexibility for builders and developers seeking a creative path to maximize the site. Buyer to verify zoning, development standards, unit yield, commercial requirements and feasibility.
Location
State WA
County King
Area 140 - West Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Territorial
Building
Lot Description Alley, Corner Lot, Cul-De-Sac, Curbs, Paved, Sidewalk
Sewer In Street, On Property
Water On Property
Schools
Elementary Schools Fairmount Park
Middle Schools Madison Mid
High Schools West Seattle High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS
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