Development Site with Parking
For Sale
Contact for pricing
2600 Elliott Ave, Seattle, WA 98121
Development site with an existing parking garage and view protections tied to an adjacent Seattle landmark.
Property Size28,800 SF
Lot Size0.66 Acres
Days on Market55
Property Features for 2600 Elliott Ave
General Information
Standard status
Active
Size
28,800 SF
Lot size
0.66 Acres
Property subtype
MULTIFAMILY
Zoning
DMR/C-145/75
Additional Details
Highway Access
Yes
Listing Agency:
Jones Lang LaSalle
(541) 543-5251
Listed By:
Michael Lyford
(541) 543-5251
Source:
Moodyscre
Added: Jun 26
Changed: Aug 9
Last Checked: Aug 18 at 12:12PM
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 Jones Lang LaSalle
Investment Insights
Based on property information with market context.
The property at 2600 Elliott Avenue is a development site of 0.66 acres that is currently improved with an existing parking garage. The garage is reported to generate approximately $16.5K in monthly revenues for the owner. The site is positioned for multi-family or mixed-use development under zoning DMR/C-145/75.
The site is located in Seattle’s Belltown neighborhood. An adjacent property at 2601 Elliott Avenue is designated as a Seattle landmark, which ensures that future development cannot obstruct sightlines, permanently protecting views for top-floor units at 2600 Elliott Avenue. The properties currently share some common ownership. Seattle’s recently approved Housing Opportunities Program includes a temporary three-year rezone for Belltown that increases height limits by 100 feet in DMR zones, supporting enhanced development potential as the city works toward a permanent Downtown Subarea Plan.
For developers and operators, the combination of existing parking income, flexible multi-family or mixed-use zoning, and the permanent view protections associated with the adjacent landmark may support planning for upper-level residential product. The site’s access to major regional thoroughfares, including Elliott Avenue, SR-99, and I-5, can also be a practical factor when positioning housing or mixed-use concepts for urban tenants.
The site is located in Seattle’s Belltown neighborhood. An adjacent property at 2601 Elliott Avenue is designated as a Seattle landmark, which ensures that future development cannot obstruct sightlines, permanently protecting views for top-floor units at 2600 Elliott Avenue. The properties currently share some common ownership. Seattle’s recently approved Housing Opportunities Program includes a temporary three-year rezone for Belltown that increases height limits by 100 feet in DMR zones, supporting enhanced development potential as the city works toward a permanent Downtown Subarea Plan.
For developers and operators, the combination of existing parking income, flexible multi-family or mixed-use zoning, and the permanent view protections associated with the adjacent landmark may support planning for upper-level residential product. The site’s access to major regional thoroughfares, including Elliott Avenue, SR-99, and I-5, can also be a practical factor when positioning housing or mixed-use concepts for urban tenants.
Key Highlights
- 28,800 SF (0.66‑acre) development site at 2600 Elliott Avenue in Seattle’s Belltown neighborhood
- Zoned DMR/C‑145/75 for multi‑family or mixed‑use development
- Seattle Housing Opportunities Program includes a temporary three‑year Belltown rezone increasing height limits by 100 feet in DMR zones
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,122
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98121, WA
21,411
Population
15,781
Households
1.4
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
53,528
Density / Sq Mi
$148,974
Median Household Income
$118,893
Median Earnings
$2,329
Median Rent
$796,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Development site with an existing parking garage and view protections tied to an adjacent Seattle landmark.
Where is this parking lot & garage located?
The property is located at 2600 Elliott Ave Seattle, WA.
What are key features of this property?
This property features: 28,800 SF (0.66‑acre) development site at 2600 Elliott Avenue in Seattle’s Belltown neighborhood; Zoned DMR/C‑145/75 for multi‑family or mixed‑use development; Seattle Housing Opportunities Program includes a temporary three‑year Belltown rezone increasing height limits by 100 feet in DMR zones
