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Queen Anne Development Opportunity
For Sale
$4,250,000
Pending

31 Dravus St, Seattle, WA 98119

Four parcels totaling 25,200 SF in Queen Anne.

Property Size25,200 SF
Days on Market602

Property Features for 31 Dravus St

General Information

Standard status Pending
Size 25,200 SF
Property subtype Commercial

Building Details

Year Built 1924
Listing Agency: LAND ADVISORS ORGANIZATION -WASHINGTON DIVISION
Listed By: SCOTT CAMERON · License #12312
Source: Corcoran
Added: Dec 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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 LAND ADVISORS ORGANIZATION -WASHINGTON DIVISION

Investment Insights

Based on property information with market context.

Located in the Queen Anne neighborhood, this property assemblage spans four parcels, totaling 25,200 square feet. Zoned LR3(M), it offers development potential, with the possibility to accommodate up to 22 townhomes (buyer to verify). The property slopes down to W. Dravus Street and features alley access. Situated near downtown Seattle and adjacent to Seattle Pacific University, it provides access to urban amenities and the shops and eateries of Fremont. It is positioned for a developer looking to capitalize on a growing community.

Key Highlights

  • Prime development opportunity in Queen Anne with LR3(M) zoning.
  • Large assemblage of four parcels totaling 25,200 square feet.
  • Potential to build up to 22 townhomes (buyer to verify).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Food Market Barber Shop (Bike/Boat/Book/etc) Store Nail Salon Butcher

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

2,290
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four parcels totaling 25,200 SF in Queen Anne.
Where is this residential land & home lot located?
The property is located at 31 Dravus St Seattle, WA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime development opportunity in Queen Anne with LR3(M) zoning.; Large assemblage of four parcels totaling 25,200 square feet.; Potential to build up to 22 townhomes (buyer to verify).
More about this property
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