For Sale
$2,000,000

8050 35Th Ave Seattle, WA 98115

Seattle corner lot, owner-user potential

Overview

Added:
Dec 11, 2024
Days on market:
137
Prime Seattle Wedgwood location presents a unique opportunity for owner-users or developers. This 4,061 square foot (2,398 square feet above grade) property, built in 1948, currently functions as a retail space with multiple offices and includes 11 parking spaces. Situated on an 11,113 square foot corner lot with LR2 RC (M) zoning, it offers significant redevelopment potential for townhomes or multifamily units, per a local architect's assessment. The property boasts a desirable location near restaurants, cafes, grocery stores, schools, parks, and major institutions like the University of Washington and Seattle Children's Hospital. Despite its proximity to amenities, it maintains a quiet, residential feel. A conservation easement, protecting treed habitat on the north side, will be required at closing. Even with this easement, the developable space allows for a substantial build-out, potentially reaching 17,780 square feet. The asking price is $2,000,000. All square footage figures are per King County records. Buyer to verify all information regarding development potential.

Highlights

  • Excellent Wedgwood location near amenities, offering a quiet residential feel.
  • 4,061 SF (2,398 SF above grade) retail/office building with 11 parking spaces.
  • 11,113 SF corner lot zoned LR2 RC (M), offering redevelopment potential for townhomes or multifamily.
  • Owner-user or development opportunity; potential for 17,780 SF build-out.
  • $2,000,000 asking price.
  • Near University of Washington, Seattle Children's Hospital, and Burke-Gilman Trail.

Property Details for 8050 35Th Ave

Property type
Retail properties, Office properties
Square Feet
4,061 SF
Year Built
1948
Buildings
1

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.688254326543
Longitude
-122.29045893439

FAQs

What type of property is this?
Retail property - Seattle corner lot, owner-user potential
Where is the retail property located?
The property is located at 8050 35Th Ave Seattle, WA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Excellent Wedgwood location near amenities, offering a quiet residential feel.; 4,061 SF (2,398 SF above grade) retail/office building with 11 parking spaces.; 11,113 SF corner lot zoned LR2 RC (M), offering redevelopment potential for townhomes or multifamily.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8050 35Th Ave
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