Entitled Mixed-Use Development
For Sale
$1,000,000
1624 N 45th St, Seattle, WA 98103
Master use permit approved for a shovel-ready four-story mixed-use project totaling about 9,200 SF.
Property Size9,200 SF
Price / SF$108.70
Days on Market48
Property Features for 1624 N 45th St
General Information
Standard status
Active
Size
9,200 SF
Property subtype
Vacant Land
Zoning
NC2P-55
Additional Details
Multifamily Units
12
Building Details
Stories
4
Listing Agency:
Westland Realty
Listed By:
Jeff Totzek
Source:
Withkristiandco
Added: Jul 25
Changed: Sep 8
Last Checked: Sep 9 at 8:59PM
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 Westland Realty
Investment Insights
Based on property information with market context.
This master use permit approved development opportunity is described as shovel-ready for a four-story mixed-use building totaling approximately 9,200 SF. The design includes about 1,400 SF of ground floor retail/restaurant space beneath 12 residential units of various sizes. The project is tied to City of Seattle Master Use Permit approval (Permit #6598837-CN).
The site is located in the NC2P-55 zone within the Wallingford Urban Center. Recent zoning updates noted in the materials allow up to 5 stories and eliminate on-site parking requirements. The public remarks cite a 98 Walk Score and proximity to multiple high-traffic anchors, including QFC, CVS, Ace Hardware, Wells Fargo, Molly Moons, and Orangetheory Fitness, along with access to the University of Washington, Green Lake, and Fremont.
The site is located in the NC2P-55 zone within the Wallingford Urban Center. Recent zoning updates noted in the materials allow up to 5 stories and eliminate on-site parking requirements. The public remarks cite a 98 Walk Score and proximity to multiple high-traffic anchors, including QFC, CVS, Ace Hardware, Wells Fargo, Molly Moons, and Orangetheory Fitness, along with access to the University of Washington, Green Lake, and Fremont.
Key Highlights
- Master Use Permit approved for a shovel‑ready, four‑story mixed‑use development
- Approximately 9,200 SF total building size with ~1,400 SF ground floor retail/restaurant space
- Includes 12 residential units of various sizes above the ground floor retail/restaurant space
Property Analytics
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Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 98103, WA
53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Master use permit approved for a shovel-ready four-story mixed-use project totaling about 9,200 SF.
Where is this commercial land located?
The property is located at 1624 N 45th St Seattle, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Master Use Permit approved for a shovel‑ready, four‑story mixed‑use development; Approximately 9,200 SF total building size with ~1,400 SF ground floor retail/restaurant space; Includes 12 residential units of various sizes above the ground floor retail/restaurant space
