Commercial Corner Development
New
For Sale
$3,400,000
5305 15TH, Seattle, WA 98107
C1-75 (M) zoning allows apartments, mixed-use, retail, office, live-work, and other commercial uses.
Property SizeContact for details
Days on Market6
Property Features for 5305 15TH
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Paragon Real Estate Advisors
Listed By:
Ben Douglas
(206) 363-8509
Source:
Century21northhomes
Added: Sep 29
Changed: Oct 3
Last Checked: Oct 4 at 9:45AM
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 Paragon Real Estate Advisors
Investment Insights
Based on property information with market context.
The 12,810-square-foot corner parcel contains a vacant 2,567-square-foot restaurant building constructed in 1971. C1-75 (M) zoning allows apartments, mixed-use, retail, office, live-work, and other commercial uses, with a 75-foot height limit. At 5.5 FAR, the zoning supports approximately 70,455 square feet of floor area; a buyer should confirm development assumptions, including floor area, unit count, and MHA obligations, with the Seattle Department of Construction and Inspections. No design, permitting, or pre-submittal work has begun.
The site is at the northwest corner of 15th Ave NW and NW 53rd St in Seattle’s Ballard neighborhood, one block south of NW Market St. It has approximately 100 feet of frontage on 15th Ave NW and 128 feet on NW 53rd St, and lies within the Ballard Regional Center and Medium MHA fee area. Diamond Parking operates the lot under a month-to-month revenue-sharing agreement; the arrangement allows termination without a lease buyout.
The site is at the northwest corner of 15th Ave NW and NW 53rd St in Seattle’s Ballard neighborhood, one block south of NW Market St. It has approximately 100 feet of frontage on 15th Ave NW and 128 feet on NW 53rd St, and lies within the Ballard Regional Center and Medium MHA fee area. Diamond Parking operates the lot under a month-to-month revenue-sharing agreement; the arrangement allows termination without a lease buyout.
Key Highlights
- 12,810‑square‑foot corner parcel at 15th Ave NW and NW 53rd St
- Approximately 100 feet of frontage on 15th Ave NW and 128 feet on NW 53rd St
- C1‑75 (M) zoning; 5.5 FAR and a 75‑foot height limit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Explore this area
Business Placement
Demographics for 98107, WA
28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
Median Home Value
Market
Vacancy Rate% for Retail in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Commercial land - C1-75 (M) zoning allows apartments, mixed-use, retail, office, live-work, and other commercial uses.
Where is this commercial land located?
The property is located at 5305 15TH Seattle, WA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 12,810‑square‑foot corner parcel at 15th Ave NW and NW 53rd St; Approximately 100 feet of frontage on 15th Ave NW and 128 feet on NW 53rd St; C1‑75 (M) zoning; 5.5 FAR and a 75‑foot height limit
