Crown Hill Mixed-Use Development
For Sale
$950,000
652 NW 85th Street #14, Seattle, WA 98117
Multi-family property with mixed-use development potential in Crown Hill.
Days on Market360
Property Features for 652 NW 85th Street #14
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$825
Listing Agency:
WINDERMERE RE GREENWOOD
Listed By:
JACK MALEK
Source:
Corcoran
Added: Aug 6, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 WINDERMERE RE GREENWOOD
Investment Insights
Based on property information with market context.
This property presents an opportunity for a multi-family development in Crown Hill Urban Village. Currently operating as a fully leased income property, the site is zoned NC1-55(M), allowing for a mixed-use project. Potential development options include apartments, co-ops, or condos with ground-level commercial space suitable for retail, office, or medical use. The zoning permits up to 16 units and a square footage of up to 41,000. The location benefits from a traffic count of 18,800 to 20,000. The property is also flexible for owner-occupancy with residential lending options. The surrounding area is experiencing increased density due to new NR zoning. Current rents total $4,800, representing a near 5% Cap. The property is located in the heart of Crown Hill-Ballard-Greenwood.
Key Highlights
- High‑density zoning (NC1‑55(M)) allows for mixed‑use development up to 16 units and 41,000 sq ft.
- Excellent location in the heart of Crown Hill‑Ballard‑Greenwood.
- High traffic count (18,800 - 20,000) ideal for commercial spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
Explore this area
Business Placement
Demographics for 98117, WA
35,608
Population
15,230
Households
2.3
Avg Household Size
39
Median Age
75%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
9,130
Density / Sq Mi
$182,500
Median Household Income
$95,616
Median Earnings
$2,197
Median Rent
$1,028,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-family property with mixed-use development potential in Crown Hill.
Where is this apartment building located?
The property is located at 652 NW 85th Street #14 Seattle, WA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High‑density zoning (NC1‑55(M)) allows for mixed‑use development up to 16 units and 41,000 sq ft.; Excellent location in the heart of Crown Hill‑Ballard‑Greenwood.; High traffic count (18,800 - 20,000) ideal for commercial spaces.
