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4800 40Th Ave SW Seattle, WA 98116

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For Sale
$5,000,000

High-visibility corner lot near shopping, transit, and development potential.

Property size:
5,504 SF

Property Features for 4800 40Th Ave SW

General Information

Standard status
Active
Size
5,504 SF

Building Details

Year built
1962
Source: Corcoran

Listing Agent: Dan Swanson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

West Seattle Retail/Development Opportunity

Located in the West Seattle Junction area, this 5,504-SF building is situated on a corner lot with high visibility. The property has a walk score of 95. Previously operated as a day care and retail marijuana store, the site offers parking for 25 to 30 cars. There is potential to short plat and develop part of the lot as townhomes. A current development opportunity includes a MUP ready for pickup, featuring 86 studio, one, and two-bedroom units. The property is located near a Whole Foods-anchored shopping center and an abundance of shopping, grocery options, coffee shops, restaurants, and bars. It is also blocks from the RapidRide stop, providing direct service to Downtown and South Lake Union, and within walking distance of the upcoming West Seattle Junction light rail stop. The property includes ample outdoor surface area suitable for a playground or outdoor dining.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Seattle Children's Forest ... Pharmacy Origins Cannabis West ... Cannabis Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.3823996
Latitude
47.5589306

FAQs

What type of property is this?
Retail space - High-visibility corner lot near shopping, transit, and development potential.
Where is this retail space located?
The property is located at 4800 40Th Ave SW Seattle, WA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: - Prime West Seattle Junction location with a 95 Walk Score, adjacent to a Whole Foods anchored shopping center and numerous amenities.; - Development opportunity with MUP ready for pickup featuring 86 studio, one, and two-bed units.; - High visibility, corner-lot location with ample outdoor surface area.
More about this property
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