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5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
5520 University Way NE
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$2,999,950

5520 University Way NE

Description

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!

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Location

5520 University Way NE, Seattle, WA 98105

Status

For Sale
Mary Pong,

Mary Pong,

TITLE

Managing Broker

PHONE

425.829.3417

Property Amenities

Area & Lot
Lot Area 7,440 Sq.Ft.
MLS® ID 2345797
School District Seattle
View Description Territorial
Type Land
Status For Sale
Exterior
Water Source Available, In Street
Sewer In Street
Lot Features Curbs, Open Space, Paved, Sidewalk
Utilities Electricity Available, Natural Gas Available
Finance
Sales Price $2,999,950
Real Estate Tax $22,021 yearly
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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 5520 University Way NE, Seattle, WA 98105. We are reviewing your request and will be in touch shortly!

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Greater Seattle

Includes communities: Magnolia, Queen Anne, Green Lake, Laurelhurst, Ravenna, Phinney Ridge, Madison Park, Ballard, Sunset Hills, Shoreline, and Innis Arden.

Work With Mary

She is a reputable real estate professional who knows your neighborhood, understands the changing market, and utilizes a variety of tools and strategies to price your home at top dollar. Contact her today to find out how we can be of assistance to you!