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4700 15Th Ave NE Seattle, WA 98105

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For Sale
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Development rights for sites near the University of Washington campus.

Property size:
56,920 SF
Lot size:
1.31 Acres

Property Features for 4700 15Th Ave NE

General Information

Size
56,920 SF
Lot size
1.31 Acres

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Listing Contact
Matthew Brennan
Source: Moodyscre

Listing Agent: Matthew Brennan

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

University District Development Opportunity

The University Presbyterian Church ("UPC") is offering the development rights for one or multiple sites within the UPC portfolio, situated in an outstanding location within the University of Washington district ("UDistrict") in Seattle, Washington. UPC's preferred transaction structure is a long-term (~99-year) ground lease. The sites are near the northwest entrance to the 639-acre UW campus, and within easy walking distance to the amenity-rich University Avenue and Link Light Rail Station. The sites are zoned SM-U 85, NC2-75, and LR3, allowing for flexible and dense development and use on each respective site. This is a rare opportunity to acquire the development rights to either an assemblage of sites or a single large-footprint development site in the heart of the fast-growing University District, near the University of Washington. The property has a size of 56920 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.3116397
Latitude
47.6633372

FAQs

What type of property is this?
Land - Development rights for sites near the University of Washington campus.
Where is this land located?
The property is located at 4700 15Th Ave NE Seattle, WA.
What are key features of this property?
This property features: - Prime location in the University of Washington District (UDistrict), Seattle.; - Development rights available for long-term (~99-year) ground lease.; - Flexible and dense development potential due to SM-U 85, NC2-75, and LR3 zoning.
More about this property
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