4740 17th Avenue NE, Seattle, WA 98105
- $4,000,000
Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.
- Sold Price
- $4,000,000
- List Price
- $3,850,000
- Status
- SOLD
- MLS#
- 2200603
- Closing Date
- May 03, 2024
- Days on Market
- 25
- Lot Size (sq ft)
- 12,960
Property Description
Paragon Real Estate Advisors is pleased to announce the exclusive listing of the UW 17th Ave Development Site located blocks away from the University of Washington. The property is located at 4740 17th Ave NE and is currently a parking lot. The site is 12,960 square feet and is zoned LR3(M) in the University District Urban Center. Early design review proposed the highest and best use is a 5 story 91 unit SEDU building with a total of 34,960 gross and 29,806 rentable square feet but a townhouse project is also feasible. The average unit size is +/-327 square feet. Located in the heart of the University of Washington’s off-campus housing, the new development will benefit significantly from high rental demand of student housing.
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Additional Information
- Community
- University District
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Sewer
- Available
- School District
- Seattle
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- From downtown Seattle, get on I-5 N. Continue on I-5 N to 7th Ave NE. Take exit 169 from I-5 N. Take NE 50th St to 17th Ave NE.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.