505 Harrison St Seattle, WA 98109
6,780 SF land site suitable for hotel or multifamily development.
Property size:
6,780 SFProperty Features for 505 Harrison St
General Information
- Standard status
- Active
- Size
- 6,780 SF
Source:
Cbre
Listing Agent: Matthew Behrens
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Seattle Land Site For Sale
This 0.16-acre (6,780 SF) land site is located at 505 Harrison Street, Seattle, WA 98109. The parcel number is 199120-0400, situated at the cross streets of 5th Avenue and Harrison Street. Zoned SM-UP 160 (M), the site is designated as Mixed Use-Uptown, allowing for development up to 160 feet. Currently a vacant lot, neighboring lots are used as surface lots for short-term parking. The site presents an excellent opportunity for development of a hotel or multifamily project. As one of the closest sites to the Seattle Center, the property benefits from strong leisure demand created by the $1.15 billion redevelopment of Climate Pledge Arena (formerly Key Arena), which reopened on October 22, 2021. Seattle Center, featuring the Space Needle, has evolved into the region’s top gathering place. The new arena is expected to host approximately 200 events per year. The site is located between Uptown and Seattle’s South Lake Union (SLU) tech hub, which includes 170 acres of parks, community amenities, LEED-certified commercial and residential buildings, lakefront access, and various transit options.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3247972
- Latitude
- 47.6217631
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 6,780 SF land site suitable for hotel or multifamily development.
Where is this commercial land located?
The property is located at 505 Harrison St Seattle, WA.
What are key features of this property?
This property features: - Development Opportunity: **6,780 SF land site suitable for hotel or multifamily project.**; - High-Density Zoning: SM-UP 160 (M) zoning allows for development up to 160 feet.; - Proximity to Seattle Center: Benefits from strong leisure demand due to the $1.15 billion Climate Pledge Arena redevelopment.
