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10520 Greenwood Ave N, Seattle, WA, 98133
20-Unit Townhome Development Opportunity

10520 Greenwood Ave N Seattle, WA 98133

For Sale
$4,000,000

20-unit townhome development opportunity in prime Seattle location.

Days on Market798

Property Features for 10520 Greenwood Ave N

General Information

Standard status
Active

Building Details

Year Built
1955
Listing Agency: REALTY ONE GROUP ENTERPRISE
Listed By: KEVIN ZELLMER
Source: Corcoran
Added: May 21, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY ONE GROUP ENTERPRISE


Investment Insights

Based on property information with market context.

This is a development opportunity for builders, developers, and multi-family investors. The property features a 20-unit townhome development with MUP approval. The site consists of a double lot with two tax parcels being sold together. Building permits have been approved and issued to the buyer with fees paid. The unit mix ranges from 1,130 to 2,091 square feet, with 2 to 4 bedrooms and 2 to 2.5 bathrooms. Each unit includes rooftop decks and covered parking, with 20 underground parking spots available. The location offers a Walk Score of 85 and is within walking distance to a bus stop. It is conveniently located for commuters to downtown Seattle, the zoo, Green Lake, Northgate Mall, and UW Medical Center. The property can be developed to sell 23 fee simple townhomes, build to lease, or a combination of both.

Key Highlights

  • Approved MUP for 23 Fee Simple Townhomes: Ready for development as a 20‑unit townhome project with flexibility to build for sale or lease.
  • Building Permits Approved and Fees Paid: Streamlined development process with permits already in place.
  • Excellent Location: Commuter‑friendly location near Downtown Seattle, the Zoo, Green Lake, Northgate Mall, and UW Medical Center; Walk Score of 85.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Bakery Plumbing Service Cosmetic Store Tech Support Center Food Market (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 20-unit townhome development opportunity in prime Seattle location.
Where is this apartment building located?
The property is located at 10520 Greenwood Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Approved MUP for 23 Fee Simple Townhomes: Ready for development as a 20‑unit townhome project with flexibility to build for sale or lease.; Building Permits Approved and Fees Paid: Streamlined development process with permits already in place.; Excellent Location: Commuter‑friendly location near Downtown Seattle, the Zoo, Green Lake, Northgate Mall, and UW Medical Center; Walk Score of 85.
More about this property
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