8521 Roosevelt Way NE, Seattle, WA 98115

$2,100,000

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Listing courtesy of Real Property Associates. Selling Office: COMPASS.

Sold Price
$2,100,000
List Price
$2,149,000
Status
SOLD
MLS#
2461057
Closing Date
May 27, 2026
Days on Market
132

Property Description

MAJOR PRICE REDUCTION—RARE CORNER LOT OPPORTUNITY! Exceptional commercial offering on a prominent 10,015 SF corner lot in highly desirable Maple Leaf, directly across from Maple Leaf Park and positioned on a well-traveled, high-visibility corridor. The existing 4,944 SF building offers immediate flexibility for retail, showroom, warehouse, or creative workspace—with the opportunity to reposition or fully revamp the space to maximize income potential. Approximately 5,000 SF of gated, secured parking adds significant value for both users and tenants. Zoned NC2P-55(M), this site unlocks multiple high-upside strategies. Preliminary feasibility suggests potential for a 50–60 unit mixed-use development with ground-floor retail, or an alternative 12–14 townhome configuration (buyer to verify). Ideal for investors, developers, or owner-users seeking a prime location with strong fundamentals, long-term growth, and standout visibility. Seller may consider financing with substantial down payment.

Additional Information

Community
Maple Leaf
Style
60 - Comm Bldg Und 10K
Roof
Flat, Torch Down
Tax Year
2025
Potential Terms
Cash, Owner Will Carry, See Remarks
Flooring
Concrete
Driving Directions
For GPS: 8521 Roosevelt Way NE
Energy Source
Electric
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