Listing Provided Courtesy Of:
Better Properties NW and NWMLS
Address
11308 Lake City Way Seattle, WA
Price
$ 3,500,000
Property Attributes
  • ID#1843084
  • TypeLand
  • CountyKING
  • CitySeattle
  • AreaNorth Seattle
  • NeighborhoodLake City
  • Zip98125
  • StyleComm/Industrial
  • Taxes$ 26011
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.82 Acres
Listing Provided Courtesy Of:
Better Properties NW and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Great opportunity Commercial Vacant Land and Re-development in Heart of Lake City Way in Seattle. High traffic approximately 35,625 sf of commercial property. Highest and best use is probably mixed use commercial up-to 200 units with NC3-55 zoning. And also possible development: gas station and car wash, retail, free standing bldg, medical, dental, bank, office. Currently gas station and car wash have been closed. Value is in the land. Per SMC 23.47A.004 table A, assisted living facility is permitted in this zone. The base height limit for this zone is 55 feet. Please refer to SMC 23.47A.012. Buyer to verify all information.

Price History
9/21/2021 Listed $3,500,000

General Features

Building Area Units Square Feet
Building Name Victory Heights Div 02
Carport Y/N No
City Seattle
County King
Directions From Seattle Downtown. I-5 N to Lake City Way NE in Seattle. Take exit 171 from I-5 N, Continue onto Lake City Way NE, The property will be on the right.
Garage Y/N No
Gas Status On Property
High School District Seattle
Lot Size Square Feet 35625
MLS Area 710 - North Seattle
Possession Closing
Possible Use Commercial, Industrial, Multi-Family, Office, Retail
Property Style 43 - Comm/Industrial
Property SubType Land
Property Type Land
Senior Community Y/N No
Sewer Available
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Lake City Way
Structure Type Industrial
Subdivision Name Lake City
Tax Annual Amount 26011
Tax Year 2020
Terms Cash Out, Conventional, Rehab Loan
Utilities Natural Gas Available, Electricity Connected
Zoning Class Commercial, Industrial, Multi-Family, Office, Retail
Zoning Description NC3-55

Interior Features

Electric On Property Y/N Yes
Fireplace Y/N No
Furnished Y/N Unfurnished
Living Area Units Square Feet

Exterior Features

Irrigation Water Rights Y/N No
Lot Dimensions (225*100) + (75*173.5)
Lot Number 10
Lot Size Acres 0.8178
Lot Size Units Square Feet
Road Responsibility Private Maintained Road
Road Surface Type Paved
View Y/N No
Water Source Available
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 98125

Price
AVG $2.81M
$3.5M
Taxes
AVG $15,491
$26,011
Visits
AVG 89
25
Walkscore
AVG 80
72
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.