Two-Parcel Mixed-Use Development
For Sale
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3246 NE 85th Street, Seattle, WA 98115
Two parcels support a studied vertical-development concept combining residential units with ground-floor retail space.
Property SizeContact for details
Days on Market142
Property Features for 3246 NE 85th Street
General Information
Standard status
Active
Property subtype
Land, Mixed Use
Listing Agency:
Orion Commercial Partners
(425) 260-4260
Listed By:
Dan Foster · License #WA 24312
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 1:20PM
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 Orion Commercial Partners
Investment Insights
Based on property information with market context.
This mixed-use property consists of two parcels at 3246 NE 85th Street and 8515 35th Ave NE in Seattle. The assemblage has been evaluated for vertical development, with a conceptual plan incorporating 32 traditional apartment units and approximately 1,400 SF of retail space. The study indicates roughly 41,500 SF of total floor area in either an L-shaped or two-tower configuration.
The properties may be acquired together or separately. Existing tenants may be retained for the long term or vacated in coordination with City of Seattle development entitlement timelines, providing flexibility for an owner pursuing the studied redevelopment concept.
The properties may be acquired together or separately. Existing tenants may be retained for the long term or vacated in coordination with City of Seattle development entitlement timelines, providing flexibility for an owner pursuing the studied redevelopment concept.
Key Highlights
- Two Seattle parcels offered individually or as an assemblage
- Studied vertical‑development concept with 32 traditional apartment units
- Approximately 1,400 SF of planned retail space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
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Business Placement
Demographics for 98115, WA
54,322
Population
24,966
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
99%
High-School Grad
6.6 sq mi
ZIP Area
8,231
Density / Sq Mi
$148,190
Median Household Income
$82,332
Median Earnings
$2,118
Median Rent
$1,041,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two parcels support a studied vertical-development concept combining residential units with ground-floor retail space.
Where is this mixed-use property located?
The property is located at 3246 NE 85th Street Seattle, WA.
What are key features of this property?
This property features: Two Seattle parcels offered individually or as an assemblage; Studied vertical‑development concept with 32 traditional apartment units; Approximately 1,400 SF of planned retail space
