13500 Lake City Way NE, Seattle, WA 98125

$2,400,000

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Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

Sold Price
$2,400,000
List Price
$3,200,000
Status
SOLD
MLS#
2207756
Closing Date
May 30, 2025
Days on Market
357

Property Description

Price Reduced! The current building is made up of 9,795 square feet of office space and sits on a 30,266 square foot lot zoned NC3-75 (M). The property has long term tenants that are mostly month-to-month providing a developer with income on the property while pursuing permits to eventually develop on the property. The property is well situated for development as it is a corner lot with frontage to Erickson Pl NE, NE 135th St, and Lake City Way NE. The property has a 5.5 Floor Area Ratio (FAR) and a 75 foot height limit making the total development potential of the site about 166,463 gross square feet.

Additional Information

Community
Lake City
Style
73 - Office
Year Built
1980
Potential Terms
Cash Out, Conventional
Driving Directions
From Downtown Seattle, get on I-5 N. Follow I-5 N to WA-522 E/Lake City Way NE. Take exit 171 from I-5 N. Follow WA-522 E/Lake City Way 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.
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Calculator source: Real Geeks