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4626 21st Ave NE, Seattle, WA, 98105
Student Housing Development Site

4626 21st Ave NE Seattle, WA 98105

New
For Sale
$8,350,000

Flat development land with pending entitlements for an approximately 150-unit student housing building.

Property Size11,325 SF
Price / SF$737.31
Days on Market6

Property Features for 4626 21st Ave NE

General Information

Standard status
Active
Size
11,325 SF
Property subtype
Commercial
Listing Agency: ALCHEMY REAL ESTATE
Listed By: MICHAEL BREWER
Source: Corcoran
Added: Jul 22 Changed: Jul 24 Last Checked: Jul 26 at 8:33AM

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 ALCHEMY REAL ESTATE


Investment Insights

Based on property information with market context.

This flat development site is positioned for a Premier University of Washington project on Greek Row, with consultant reports and a full due diligence package available upon request. The property is described as having big views and no SIP’s (street improvements), and it is about a one-block walk to a campus entrance.

Entitlements for an approximately 150-unit student housing building are in the final stages of reviews with the Seattle Department of Construction and Inspections (SDCI). The property also has current monthly income under a Diamond Parking lease.

A building on the site is occupied by a non-profit and receives a substantial property tax exemption, with a 20-day notice to vacate.

Key Highlights

  • Flat development site on Greek Row, one block walk to the University of Washington campus entrance
  • Entitlements in final review stages with Seattle Department of Construction and Inspections (SDCI) for an approximately 150‑unit student housing building
  • Due diligence package and consultant reports available upon request

Property Analytics

Location Intelligence

Current Use by Public Records

Eat2Joy Restaurant Zeta Beta Tau Volunteer Organization Alpha Mu Restaurant

Suggested Use

HVAC Service Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Flat development land with pending entitlements for an approximately 150-unit student housing building.
Where is this commercial land located?
The property is located at 4626 21st Ave NE Seattle, WA.
What is the asking price?
The asking price for this property is $8,350,000.
What are key features of this property?
This property features: Flat development site on Greek Row, one block walk to the University of Washington campus entrance; Entitlements in final review stages with Seattle Department of Construction and Inspections (SDCI) for an approximately 150‑unit student housing building; Due diligence package and consultant reports available upon request
More about this property
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