324 25Th Ave Seattle, WA 98144
- Land
Current Use by Public Records
- Land
Property Details for 324 25Th Ave
- Property type
- Land
Description
This exceptional redevelopment opportunity presents a 3,600 square foot lot located at 324 25th Ave S in Seattle, Washington's vibrant Central neighborhood. The property, currently occupied by a barber shop, is situated in a thriving area with abundant surrounding businesses, shopping, and residential developments. The land is zoned NC2P55 (M), a multi-family designation that encourages pedestrian-friendly development with a maximum building height of 55 feet. This zoning may allow for specific modifications to increase height, floor area ratio, or other potential incentives. The flexible zoning permits a blend of commercial and residential uses, making it suitable for various projects, including apartment complexes, office spaces, retail establishments, or community amenities. The property boasts excellent walkability (Walk Score of 75), transit accessibility (Transit Score of 68), and bikeability (Bike Score of 88), making it an ideal location for growth and convenient access. The asking price for this prime downtown Seattle land is $999,950, and the Assessor's Parcel Number (APN) is 1250200435. This is a rare chance to acquire a strategically located parcel in a rapidly developing area of Seattle. The flat lot simplifies development, and the existing structure provides immediate income potential. This property offers significant upside for investors seeking a high-return opportunity in a prime downtown location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3
- Latitude
- 47.5996
