Commercial Land with Storage
10706 Lake City Way NE Seattle, WA 98125
For Sale
Contact for pricing
Pending
Parcel is in the city rezoning process from NC45 to NC55 and includes an existing storage income stream.
Days on Market105
Property Features for 10706 Lake City Way NE
General Information
- Standard status
- Pending
- Property subtype
- Land
Listing Agency:
Keller Williams Realty Bellevue
Listed By:
Joseph Ferrick · License #WA
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 24 at 7:10AM
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 Keller Williams Realty Bellevue
Investment Insights
Based on property information with market context.
Located at 10706 Lake City Way NE in Seattle, this commercial parcel is positioned for development, with the City rezoning the site from NC45 to NC55. The property also includes an existing storage component providing current NNN cash flow while development is pursued.
Public remarks estimate the project could support approximately 70–80 SEDO units. The current income is described as $3,500 per month with 3% increases, and the storage operation is reported to be on a two-year lease with a two-year option. Additional context noted in the remarks includes a 10-minute drive to UW, central positioning, potential views to the east, and walking distance to amenities.
Public remarks estimate the project could support approximately 70–80 SEDO units. The current income is described as $3,500 per month with 3% increases, and the storage operation is reported to be on a two-year lease with a two-year option. Additional context noted in the remarks includes a 10-minute drive to UW, central positioning, potential views to the east, and walking distance to amenities.
Key Highlights
- City rezoning in progress from NC45 to NC55
- Existing storage income stream with $3,500/month rent
- Current 2‑year lease with a 2‑year option
Property Analytics
Location Intelligence
Current Use by Public Records
Ravenna Painting
Painting
FAQs
What type of property is this?
Self storage facility - Parcel is in the city rezoning process from NC45 to NC55 and includes an existing storage income stream.
Where is this self storage facility located?
The property is located at 10706 Lake City Way NE Seattle, WA.
What are key features of this property?
This property features: City rezoning in progress from NC45 to NC55; Existing storage income stream with $3,500/month rent; Current 2‑year lease with a 2‑year option
