Redevelopment site in South Lake Union Seattle
Redevelopment Site in South Lake Union for Multifamily/Retail
Marketing description
Multifamily/Retail Development opportunity in coveted South Lake Union. 4050 SF Building on a 4200 SF lot in the heart of Seattle/South Lake Union. Zoned SM- SLUR 65/95 allows for mixed use opportunities with a maximum of 65' for non- residential use and 95' for base residential use targeting developments to allow for walkability, transit, to provide a vibrant mix of residential and non-residential uses. One of two remaining lots on this block for development, surrounded other mixed multifamily developments and next to Cascade Playground.
Minutes away from South Lake Union, Capital Hill, Space Needle, Amazon, Google, REI, Whole Foods, across the street from Cascade Playground. Located a couple blocks from I-5, between 520 and I-90.
Investment highlights
SM-SLUR 65/95
• Zoning allows for:
65’ for non-residential uses
95’ for residential uses
• Perfect for redevelopment, surrounded by healthy mix of residential and non-residential uses, given the convenient proximity.
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