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Commercial Land with Completed Plans
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1412-1426 23rd Ave, Seattle, WA 98122

Design and permitting are complete for a planned 117-unit mixed-use development.

Property SizeContact for details
Days on Market18

Property Features for 1412-1426 23rd Ave

General Information

Standard status Active
Property subtype LAND
Listing Agency: Heartland, LLC
Listed By: Ben Wharton
Source: Moodyscre
Added: Sep 22 Changed: Oct 9 Last Checked: Oct 7 at 2:44PM

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 Heartland, LLC

Investment Insights

Based on property information with market context.

This Seattle commercial land site is planned for a 117-unit development, with design and permitting completed. The proposed building includes 2,612 SF of flexible ground-floor retail or residential amenity space, a 535 SF rooftop amenity area on the seventh floor, and an approximately 1,625 SF residential roof deck on the eighth floor. The City approved the seventh-floor space for a bar or lounge, or for private or quasi-private resident use.

At 1412–1426 23rd Avenue, the property is near the intersection of 23rd Avenue and Union Street in Seattle’s Central District. A PCC Community Markets grocery store is across the street, and Communion restaurant is on the same block. The site is also described as transit-served, with access to job centers in Capitol Hill, First Hill, Downtown, and South Lake Union.

Key Highlights

  • Planned 117‑unit development with design and permitting complete
  • 2,612 SF of ground‑floor space planned for retail or residential amenities
  • City‑approved 535 SF seventh‑floor rooftop amenity area

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Parts Store HVAC Service Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,967
Businesses Nearby

Demographics for 98122, WA

41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Design and permitting are complete for a planned 117-unit mixed-use development.
Where is this commercial land located?
The property is located at 1412-1426 23rd Ave Seattle, WA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Planned 117‑unit development with design and permitting complete; 2,612 SF of ground‑floor space planned for retail or residential amenities; City‑approved 535 SF seventh‑floor rooftop amenity area
(206) 805-2476 Call to check price and availability
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