Capitol Hill Corner Lot
For Sale
$699,000
Pending
2614 E Pike Street #11-12, Seattle, WA 98122
NR3-zoned lot with redevelopment potential in prime location.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market196
Property Features for 2614 E Pike Street #11-12
General Information
Standard status
Pending
Lot size
0.07 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$7,849
Amenities
Sidewalk
Alley
Curbed Lot
Listing Agency:
WINDERMERE R E MOUNT BAKER
(206) 725-7255
Listed By:
CORRIE WATTERSON
Source:
Corcoran
Added: Feb 12
Changed: Aug 8
Last Checked: Aug 8 at 6:24AM
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 WINDERMERE R E MOUNT BAKER
Investment Insights
Based on property information with market context.
This property presents a renovation or redevelopment opportunity on a quiet, sunny block in a prime Capitol Hill/Central District location. The NR3-zoned 3,000 sq ft parcel features an existing home and offers flexible options for builders, investors, or project-oriented buyers. Situated on a corner lot, the property provides territorial views. Its location is within blocks of transit, groceries, and parks. According to the City of Seattle DCI, the zoning allows for up to 6 permitted units, exceeding the default of 4 units due to its proximity of one block to a major transit stop. The lot dimensions are 75x40 feet, with a floor area ratio of 5,400 sq ft. The existing structure is a 2-story legal duplex, with each unit occupying a floor and having its own entrance. An interior stairwell connects the units, allowing it to function as a single-family home. The lower level has a ceiling height of approximately 6'3", which does not meet current code. This property represents a chance to secure a corner lot with potential in a highly desirable neighborhood.
Key Highlights
- Prime Capitol Hill/Central District location on a quiet, sunny block
- NR3 zoning allows for up to 6 permitted units due to transit proximity
- 3,000 sq ft corner lot offers renovation or redevelopment potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - NR3-zoned lot with redevelopment potential in prime location.
Where is this residential land & home lot located?
The property is located at 2614 E Pike Street #11-12 Seattle, WA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime Capitol Hill/Central District location on a quiet, sunny block; NR3 zoning allows for up to 6 permitted units due to transit proximity; 3,000 sq ft corner lot offers renovation or redevelopment potential
