5520 University Way NE -3521 Seattle WA 98105 MLS #NWM2345797

Listing Provided Courtesy of COMPASS
Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40′ to 65′. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!

Property Details

Price:
$2,999,950
MLS #:
NWM2345797
Status:
Active
Beds:
0
Baths:
0
Address:
5520 University Way NE -3521
Type:
Land
Subdivision:
University District
Neighborhood:
710 – North Seattle
City:
Seattle
Listed Date:
Mar 23, 2025
State:
WA
ZIP:
98105
Lot Size:
7,440 sqft / 0.17 acres (approx)

Schools

School District:
Seattle

Interior

Exterior

Financial

Tax Year
2024
Taxes
$22,021

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5520 University Way NE -3521
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