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24331589
24331585

4800 40th Ave SW, Seattle, WA 98116

JM
WA 101904
Kidder Mathews Seattle
DS
WA WA 13533
Kidder Mathews Seattle
Listed by Kidder Mathews Seattle
$5,000,000
342 days on market
Updated 41 days ago

4800 40th Ave SW

Details
APN 612660-1010
Property Type Land
Sub Type Commercial
Square Footage 5,504
Net Rentable (SqFt) 5,504
Tenancy Single
Lease Type NNN
Lease Term 5
Remaining Term 5
Year Built 1962
Buildings 1
Lot Size (SqFt) 19,556
Zoning NC3-55 (M)
Parking Spaces 20 spaces
Parking Per SqFt 3.63
Investment Type Redevelopment
Tenant Credit Credit Rated

Corner lot with parking in the West Seattle Junction neighborhood

Marketing description

Well positioned in Seattle’s desirable West Seattle Junction neighborhood, 4800 40th Ave SW offers a Walker’s Paradise walk score of 95.

The property is adjacent to a shopping center anchored by a Whole Foods grocery store, and is near a wide array of shopping, grocery, and food and drink options. Additionally, the property is positioned just blocks from a RapidRide C Line stop, which provides regular and reliable service directly to the Downtown Seattle and South Lake Union neighborhoods. It is also within walking distance of the future Alaska Junction light rail stop, targeted for completion in 2032.

4800 40th Ave SW is a high visibility, corner-lot parcel, and the 19,556-SF lot with NC3-55 (M) zoning offers a new owner multiple options for redevelopment. If the new owner prefers to redevelop the entire parcel, there is a MUP ready featuring 86 studio, one, and two-bedroom units.

Investment highlights

Excellent West Seattle Junction location

95 walk score per walkscore.com - Adjacent to Whole Foods anchored shopping center and near an abundance of shopping, grocery, coffee shops, restaurants, and bars

High visibility, corner-lot location

Current development opportunity with MUP ready for pickup featuring 86 studio, one, and two-bed units

Blocks from the RapidRide stop, providing constant service directly to Downtown and South Lake Union

Walking distance to the upcoming West Seattle Junction light rail stop

Listing Contacts

JM
WA 101904
Kidder Mathews Seattle
DS
WA WA 13533
Kidder Mathews Seattle
Listed by Kidder Mathews Seattle

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Additional Information

Name
Jason Miller
License
101904
Brokerage
Kidder Mathews
Title
First Vice President
Name
Dan Swanson
License
WA 13533
Brokerage
Kidder Mathews
Brokerage Phone
206-296-9600
Title
Executive Vice President, Shareholder
Brokerage Address
601 Union Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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