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$845,000
5 Beds 3 Baths 2557367 MLS ACTIVE Status
INVESTOR & BUILDER ALERT! Rare development or value-add opportunity in prime Ravenna/Roosevelt! Situated on an oversized ~5,740 sq ft lot with alley access, this property offers incredible scale compared to standard neighborhood lots. Zoned NR3 under Seattle's updated housing codes, explore the vast potential for a detached accessory dwelling unit (DADU), backyard cottage, or multi-unit development strategy. The existing 1,960 sq ft 5-bedroom home features a main floor plus a fully finished daylight basement with a separate exterior entry, 2nd kitchen, and full bath—ideal for immediate rental holding income while you secure permits. Prime location with an 86 Walk Score—just minutes to Roosevelt Light Rail station, Green Lake, U-Village, and UW. Bring your vision to one of 98115’s most resilient pockets!

7730 17th Avenue NE, Seattle

Listing courtesy of Sea to Sky Realty.

$825,000
2561399 MLS ACTIVE Status
Rare opportunity to own a freestanding industrial building in Bellingham’s Roosevelt Industrial Hub. Features include two private offices, a connected warehouse/shop, two grade-level overhead doors, and off-street parking. Zoned Light Industrial, the property supports a wide range of uses including warehousing, manufacturing, offices, retail, and service businesses — offering exceptional flexibility for owner-users and investors alike. Located just minutes from I-5, it offers easy access to Seattle, Vancouver B.C., and the wider Pacific Northwest. Whether you’re bringing your own vision to the space or adding a well-located building to your portfolio, 2228 Queen Street offers the flexibility, function, and location to support long-term value.

2228 Queen Street, Bellingham

Listing courtesy of Muljat Group.

$840,000
3 Beds 2 Baths 2514400 MLS ACTIVE Status
ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.

7818 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$850,000
3 Beds 2 Baths 2508699 MLS ACTIVE Status
ATTN Developers, Builders, & Investors! An exceptional, high-density development opp a/w in Lake City urban corridor. Offer for the first time, 7818 & 7822 Lake City Way combined, near-level ~9,000 SF footprint primed for a mid-rise, mixed-use project. Featuring robust C1-55 zoning w/ an allowable 3.75 FAR, provides a clear, predictable pathway to construct. a 6-story bldg. Prelim Feasibility highlights an ideal yield of up to 42 RES units (suited for studios/1-bdrm) ground-floor commercial use. Take advantage of Seattle’s 4-foot gnd-fl height bonus to max. ceiling & views, utilizing UG parking entry. Strong local rental demand, prime eligibility for Seattle's 12 year Multi-family Tax Exemption (MFTE) program to max. your post-stabilization yields. while you clear your master use permits (MUP). Buyer to verify all feasibility and zoning constraints to their satisfaction. Total Lot Size: Approx. 9,000 SF (Combined dual-parcel assemblage) Zoning: C1-55 (Commercial 1, 55’ base height limit) Development Capacity: Up to 33,750 gross buildable SF under a 3.75 FAR Pro-Forma Optimization: High-velocity rental sub-market with excellent financial metrics leveraging Seattle's 12-year MFTE property tax exemption.6-story building featuring ground-floor commercial retail and 5 levels of multifamily housing (up to 42 units). Covered Land Play: Existing residential structures offer immediate holding rental cash flow during the architectural and permitting phases.

7822 NE Lake City Way NE, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

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