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$999,500
2564997 MLS ACTIVE Status
Exceptional opportunity to own a commercial property in Seattle’s highly sought-after Rainier Valley. SELLER FINANCING available with flexible Terms. Value in the Land and cashflow. Situated on a prominent corner lot, this 708 SF commercial building sits on a 5,393 SF parcel zoned NC2-55(M), offering excellent long-term investment and redevelopment potential (buyer to verify permitted uses with the City of Seattle). The property is currently occupied by three tenants on short-term leases, generating approximately $4,200 per month in gross rental income, Tenants pay utilities, making it an attractive option for investors seeking immediate cash flow while exploring future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.

8300 Wabash Ave S, Seattle

Listing courtesy of KW Mountains to Sound Realty.

$1,195,000
3 Beds 2 Baths 2561813 MLS ACTIVE Status
Rare opportunity in the heart of Fremont! Situated on an expansive street to street (Greenwood to Palatine) 9,000 LR1-zoned lot, this property presents exceptional potential for builders, investors, or buyers looking to renovate and create their dream home. The existing residence offers a functional floor plan with three bedrooms on the main level, an open-concept living and dining area, kitchen, full bathroom, and an attached two-car garage. The unfinished lower level features a second full bathroom, laundry area, generous ceiling height, and abundant space for future expansion or customization. Solidly built with great bones, this home is ready for its next chapter. Enjoy views of the Ship Canal, Ballard Bridge, and Olympic Mountains. The oversized lot provides endless possibilities, whether you’re considering a custom renovation, adding value through expansion, or exploring the development potential offered by the LR1 zoning. Located just moments from Fremont’s vibrant shops, acclaimed restaurants, parks, the Burke-Gilman Trail, and major commuter routes, this property combines an outstanding location with tremendous upside. Opportunities like this—expansive street to street lots, views, and flexible zoning in one of Seattle’s most desirable neighborhoods—are increasingly rare.

4311 Greenwood Avenue N, Seattle

Listing courtesy of Windermere RE Greenwood.

$560,000
2 Beds 1 Baths 2554500 MLS ACTIVE Status
Value is in the land here. This 5,100 SF flat parcel offers an ideal redevelopment opportunity in the well-established Holman neighborhood of North Seattle. Zoned NR, the lot qualifies for the transit-proximity density bonus, raising allowable density from 4 units up to 6 units. Capitalize on this rare opportunity to maximize yield on a lot this size. Tucked just off Holman Rd and Greenwood Ave N, the site sits on a quiet, low-traffic street while remaining minutes from Route 5 and D transit, shops, and restaurants along the Greenwood corridor. Level topography simplifies site work and design, and the established neighborhood setting offers strong long term fundamentals for a variety of housing options. The existing home offers holding income or a teardown opportunity. Don't miss this chance to build in one of North Seattle's steadily appreciating pockets

122 NW 103rd Street, Seattle

Listing courtesy of Rhino Roz Realty.

$898,000
4 Beds 3 Baths 2551593 MLS ACTIVE Status
Exceptional Beacon Hill investment and development opportunity on a rare 21,987 sq. ft. wooded lot, just half a mile from historic Columbia City and only a couple of blocks from nearby light rail. This 2,610 sq. ft. Craftsman-style fixer offers 4 bedrooms and 2 baths with flexible living spaces, a partially finished daylight basement with separate entry, and strong value-add potential. Previously configured as a duplex, the property includes two gas meters and two electric meters, offering possible rental, multi-generational, or future conversion opportunities. The existing home features wood floors, a fireplace, wide stairs, large windows, and abundant natural light, providing a solid foundation for renovation or repositioning. With private, park-like grounds, excellent transit access, and significant lot size, this in-city property offers compelling upside for investors, builders, and developers. Buyer to verify all development potential to their satisfaction.

4729 Mount View Drive S, Seattle

Listing courtesy of John L. Scott Des Moines.

$599,000
2 Beds 1 Baths 2547863 MLS ACTIVE Status
Quality craftsmanship and exceptional upside define this rare Ballard opportunity. Set back from the street, this cedar-shingled cottage sits on a private lot behind mature bamboo with a deep backyard and multiple outbuildings ready for reimagining. Original hardwood floors, built-in shelving, period lighting, and vintage architectural details deliver authentic character, while updated plumbing, electrical, and an electrical panel replaced in the early 2000s provide a solid starting point, buyer to verify all information. The efficient floor plan is well suited for a thoughtful renovation. Sold as-is. Ideal for investors or buyers looking to build equity in a neighborhood where quality renovations continue to command a premium. Cash, FHA 203(k), Fannie Mae HomeStyle, hard money, and other renovation financing may be suitable. Pre-offer inspections welcomed. Ideally located between Ballard and Fremont with convenient access to Downtown Seattle, South Lake Union, and major commuter routes. Future Ballard Link light rail adds long-term appeal. Zoned for West Woodland Elementary, Hamilton International Middle, and Ballard High School. Minutes to Ballard Avenue, the Sunday Farmers Market, parks, breweries, cafés, and restaurants. Opportunities with this combination of location, character, and upside are increasingly hard to find.

831 NW 52nd Street, Seattle

Listing courtesy of Rennie Group.

$399,000
2543766 MLS ACTIVE Status
Value-Add Retail Opportunity on Aurora Ave N - Priced Below Assessed Value Excellent opportunity for an owner-user, local investor, or contractor to acquire a high-visibility commercial property along the Aurora Ave N corridor. Strong street exposure with consistent traffic counts, ideal for service-based businesses or retail users seeking an affordable entry point into a prime corridor location. The building is currently vacant and in rough condition, offering significant upside for buyers looking to reposition or renovate. Previously configured as a 2-unit retail building, with potential to reconfigure back to a dual-tenant layout for income-producing use (buyer to verify). Situated on a 4,000 SF lot and zoned NC3-55 (M), allowing for a range of commercial and mixed-use possibilities (buyer to verify). Offered below current county assessed value. Property sold as-is. Buyer to verify all information, including zoning, permitted uses, and development potential.

10311 Aurora Avenue N, Seattle

Listing courtesy of Real Broker LLC.

$1,275,000
3 Beds 1 Baths 2543273 MLS ACTIVE Status
Perched above Lake Washington in Seattle’s coveted Cedar Park neighborhood, this rare waterfront-adjacent property offers an extraordinary blend of tranquility, nature, and future potential. Set on an expansive 17,210 sq ft lot with sought-after NR1 zoning, the existing 3-bedroom, 1-bath home is ready for restoration, renovation, or redevelopment. Large picture windows & the elevated front deck capture peaceful lake & territorial views, filling the home w/natural light & an unmistakable sense of calm. mid-century character provide the perfect canvas for your vision. Just beyond the deck lies a private pond ecosystem alive w/native wildlife including cranes, blue herons, beavers, geese, ducks & bass—creating a setting that feels more like a Pacific Northwest retreat than a city property. Mature greenery & lush grounds offer endless possibilities for architectural landscaping, terraced gardens, outdoor entertaining spaces, or a custom modern residence designed around the scenery. Enjoy deeded beach & lake access with shared dock rights and no HOA restrictions. Located directly across from the Burke-Gilman Trail, the property offers immediate access to miles of biking, walking & waterfront recreation. Convenient access to local cafés & commuter routes. A truly rare opportunity to create a one-of-a-kind sanctuary immersed in nature while remaining connected to some of Northeast Seattle’s most desirable amenities. Project guidance documents available upon request.

14238 41st Avenue NE, Seattle

Listing courtesy of RexMont Real Estate.

$960,000
3 Beds 2 Baths 2539977 MLS ACTIVE Status
Seattle charmer with Elliott Bay & Mt. Rainier views - a rare chance to make it your own. Some homes have a story worth continuing. This lovingly held 1940s residence in the heart of Magnolia offers a rare opportunity to restore, reimagine, and truly put your stamp on a piece of Seattle history while enjoying gorgeous views of Elliott Bay. The 3-bedroom, 1.5-bath home has been cherished by its owner for nearly 50 years, and its classic character is waiting to shine again. A full basement offers potential for expanded living space, a home office, or hobby space. A one-car garage and a 4,900 sq ft lot complete the existing footprint with plenty of room to grow. Step outside and you'll find a true hidden gem: a jewelbox garden, thoughtfully planted over the years, that brings color, texture, and a sense of quiet sanctuary to the outdoor space. It's the kind of yard that takes decades to cultivate and is ready to be enjoyed from day one. Magnolia is one of Seattle's most beloved neighborhoods, known for its tree-lined streets, strong sense of community, and enduring desirability. Whether you're an investor with a vision or someone searching for a forever home to make your own, the hardest ingredients to find – the views, the neighborhood, the lovingly tended garden – are already here waiting for you. Offered as-is, and ready for its next chapter.

2612 W Galer Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$999,000
3 Beds 2 Baths 2539968 MLS ACTIVE Status
Bring your contractor and your vision— whether you choose to maximize its potential, or tear down and start fresh, this is your chance to create something exceptional in the heart of Crown Hill. This rare double lot—the only one on the block boasts serene, private grounds. A true in city oasis with mature landscaping surrounding the home. Located between the vibrant hubs of Ballard and Greenwood, enjoy seamless access to the Metropolitan Market, transit-rich corridors on 15th Ave NW, and close proximity to Carkeek Park. Positioned perfectly within the city’s evolving "Centers and Corridors" framework, the site is primed for increased density. With land scarcity defining the 2026 Seattle market, this is a legacy parcel offering a clear path to value in one of North Seattle’s most resilient micro-markets. Sold as-is. Buyer to verify all information to their satisfaction.

8812 Dibble Avenue NW, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

$950,000
3 Beds 2 Baths 2539377 MLS ACTIVE Status
Madison Valley redevelopment opportunity offering multiple paths for value creation in a prime location surrounded by continued growth, investment, and strong neighborhood demand.For buyers not pursuing immediate ground-up development, the existing structure presents compelling potential. A thoughtful renovation and reconfiguration may create two separate residential units, offering an owner/user setup, income opportunity, or long-term hold while preserving future redevelopment options.For larger-scale redevelopment, the property is zoned NC2-75 (M1), allowing exciting mixed-use possibilities with heights up to 75 feet. Ideal for developers, assemblage buyers, investors, or those seeking long-term upside.Situated on an approx. 4,030 SF lot, the site may support a variety of concepts, including residential above ground-floor commercial or amenity space, subject to buyer verification, design review, and permitting. Preliminary planning suggests approximately 20,000–28,000 SF of gross buildable area and roughly 25–40 residential units, depending on design, unit mix, parking strategy, and commercial use.An exceptional opportunity in one of Seattle’s most sought-after neighborhoods with convenient access to retail, dining, transit, employment centers, and continued area growth. Buyer to verify zoning, unit count, rental potential, and redevelopment feasibility to their satisfaction.

1821 E Howell Street, Seattle

Listing courtesy of Windermere Mercer Island.

$855,000
4 Beds 1 Baths 2531480 MLS ACTIVE Status
Prime Ballard development opportunity zoned NC1-40 (M2) in one of Seattle’s most active growth corridors. Ideal for developers or investors seeking future upside with potential for multiple units and mixed-use possibilities (buyer to verify). Surrounded by ongoing redevelopment, new construction, and strong neighborhood demand, this location continues to appreciate. The existing structure offers great bones for a substantial renovation or reposition, creating an additional opportunity for an experienced flipper or builder with vision. Fixer property sold as-is. No interior access available. Value is primarily in the zoning, lot, and long-term redevelopment potential. Located in a true Walker’s Paradise with a Walk Score of 92, just steps to Ballard’s shops, dining, transit, and everyday amenities. Rare chance to secure a flexible asset in one of Seattle’s most sought-after neighborhoods with both near-term and long-term upside.

837 NW Market Street, Seattle

Listing courtesy of Redfin.

$799,950
3 Beds 1 Baths 2531493 MLS ACTIVE Status
Exceptional redevelopment opportunity just moments from Green Lake Park in one of Seattle’s most sought-after neighborhoods. This prime property offers the rare potential to build a custom single family residence with stunning lake and mountain views from future second and third-story levels. Existing utilities—including water, sewer, gas, and electricity—are already connected on site, presenting significant value and potential savings for future development. Under Seattle’s new Middle Housing zoning regulations, the site offers flexible development potential for a beautifully designed approximately 2,700 SF custom home or multiple fee-simple residences. Preliminary redevelopment concepts and example site plans are available through the listing broker. Ideally positioned just blocks from Green Lake’s iconic parks, trails, and recreation amenities, the property also enjoys convenient access to neighborhood cafés, acclaimed restaurants, PCC Community Market, and the vibrant Greenwood/Phinney commercial district with shopping, library, and local conveniences. Commuting is effortless with nearby RapidRide transit providing easy access to downtown Seattle. Bring your vision—whether creating a signature single residence, boutique development, or shared living opportunity in one of Seattle’s premier urban neighborhoods!

911 N 77th Street, Seattle

Listing courtesy of Infiniti Real Estate & Dev.

$598,000
2 Beds 1 Baths 2518850 MLS ACTIVE Status
Exciting, ready-to-build development! This lot comes with fully approved and issued construction permits for a 3-home project. Approved construction permits are included for a unique 1,857 sq ft 3-level free-standing DADU on 25th Ave SW, a 1,672 sq ft SFR, and a 1,068 sq ft ADU with garage access from the alley. The heavy lifting has already been completed — permits have already been issued and are included with the sale. The value is in the land and the approved construction permits, architectural, structural, and interior elevation drawings, exterior renderings, finish spec book, topo survey, Geotech review, approved SCL Engineering drawing, completed asbestos abatement, lead paint survey, WAC, and Built Green checklist. Construction can begin immediately! Prime land opportunity just minutes from Alki Beach, the West Seattle Golf Course, parks, shops, dining, and major commuter routes. All permit documentation is available. Buyer to verify all information and development potential to their own satisfaction.

4724 25th Ave SW, Seattle

Listing courtesy of Ensemble.

$399,000
2518077 MLS ACTIVE Status
Value-Add Retail Opportunity on Aurora Ave N - Priced Below Assessed Value Excellent opportunity for an owner-user, local investor, or contractor to acquire a high-visibility commercial property along the Aurora Ave N corridor. Strong street exposure with consistent traffic counts, ideal for service-based businesses or retail users seeking an affordable entry point into a prime corridor location. The building is currently vacant and in rough condition, offering significant upside for buyers looking to reposition or renovate. Previously configured as a 2-unit retail building, with potential to reconfigure back to a dual-tenant layout for income-producing use (buyer to verify). Situated on a 4,000 SF lot and zoned NC3-55 (M), allowing for a range of commercial and mixed-use possibilities (buyer to verify). Offered below current county assessed value. Property sold as-is. Buyer to verify all information, including zoning, permitted uses, and development potential.

10311 Aurora Avenue N, Seattle

Listing courtesy of Real Broker LLC.

$1,585,000
2517241 MLS ACTIVE Status
Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

3004 E Yesler Way, Seattle

Listing courtesy of KR Brokers.

$599,950
2 Beds 1 Baths 2506010 MLS ACTIVE Status
Attention investors, builders, and visionaries! Exceptional opportunity in West Seattle's highly desirable Gatewood neighborhood. This 5,100 sq ft property offers incredible potential for redevelopment, a custom build, or an extensive renovation. The existing 2-bedroom home features an unfinished 700+ sq ft basement and serves as the perfect blank canvas for your vision. Recent improvements add value and peace of mind, including an updated 6-inch sewer line and a newer lifetime roof with a transferable warranty. Zoned RSL(M), the property offers exciting possibilities for future development, including potential multi-family living, ADU/DADU, or a custom residence (buyer to verify). Situated on a flat, usable lot along a quiet, tree-lined street with paved alley access and off-street parking, the location is second to none. Enjoy being just moments from Caffe Ladro, neighborhood restaurants, The Junction, the West Seattle Sunday Farmers Market, Lincoln Park, Puget Sound beaches, scenic trails, the community pool, and the Fauntleroy Ferry Terminal with convenient access to Vashon Island. Whether you're looking to renovate, rebuild, or reimagine, opportunities like this are increasingly rare in one of West Seattle's most sought-after neighborhoods. Property is being sold AS IS, with no warranties. Buyer to verify all information and development potential to their own satisfaction.

4319 SW Mills Street, Seattle

Listing courtesy of RE/MAX Northwest.

$700,000
4 Beds 2 Baths 2486459 MLS ACTIVE Status
Investors and Builders: Prime Madrona location steps to neighborhood retail and transit. Surrounded by a mix of classic homes, newer townhomes, condos, and commercial amenities, this 6,545 SF NR3-zoned corner lot offers strong redevelopment and value-add potential in a proven growth pocket. Sold As-Is. Flexible options include renovation with ADU/DADU configuration, repairing the existing home, or exploration of multi-unit development under NR3 zoning. The 1,620 SF home is livable and currently occupied by a caretaker but ready for updating. Lower level with separate entry provides ADU potential. Detached garage and additional RV parking create further flexibility for future plans.Bus stop nearby with direct access to downtown Seattle. Buyers to verify development capacity. Ideal opportunity for builders, flippers, or long-term investors seeking upside in an established in-city neighborhood. Private showings available through lockbox appointment, afternoons preferred. See supplements for more information.

2903 E Union Street, Seattle

Listing courtesy of KW Greater Seattle.

$2,500,000
2488534 MLS ACTIVE Status
There's a 17,380 square foot golden opportunity at the Gold Rush in White Center. The site would be ideal for low income housing or with its flexible zoning, just about anything else. The building is vacant and gutted and ready for its next owner but it looks like the electrical and plumbing are still intact. Upstairs there used to be 9 studios and 2 offices. On the main floor there was a nightclub, and the 5,000+ sf basement looks perfect for at least 50 storage spaces, and is cool enough to make it ideal for wine storage OR it could be the largest game room in town. This project is not for the faint of heart but there's a lot of upside for the person who sees the potential in this building and the White Center Commercial district which is only 15 minutes from downtown Seattle and 15 minutes from SeaTac airport. Contact the Listing Agents to discuss your ideas.

9625 16th Avenue SW, Seattle

Listing courtesy of Providencia.

$1,300,000
4 Beds 2 Baths 2480345 MLS ACTIVE Status
Reduced Price! DEVELOPMENT POTENTIAL in Freemont ~ Zoned LM1 (M) Residential Lot Size 5,000 sf, Allowed Units 4–6 units depending on design. Possible FAR Up to 1.2 FAR (~6,000 sf), Potential Unit Types include flats, stacked flats, townhouses, row houses & ADUs. 4 principal units + 1–2 ADUs (detached or attached). Max Height 32', depending on configuration. ADUs can be up to ~1,000 sf each (subject to design compliance). Under updated 2025 "Middle Housing" rules, residential lots in Seattle now support a baseline of 4 units, more if next to transit and affordable housing is added to the mix. Buyer to verify all information to their own satisfaction. We are entertaining ALL OFFERS!

4309 Evanston Avenue N, Seattle

Listing courtesy of Windermere Real Estate/HLC.

$1,295,000
2439670 MLS ACTIVE Status
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

1306 S Bayview Street, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$999,950
2302508 MLS ACTIVE Status
Great opportunity in Seattle's vibrant Central Area. Currently operating as a barber shop, the building features versatile spaces across three levels. The upper floor consists of three rooms suitable for offices, plus a bathroom. The main floor includes a spacious area ideal for retail or office use, an open lobby area, a kitchen that doubles as a break room, and an additional bathroom. The basement provides ample storage or could be renovated to accommodate extra office space. The zoning supports a mix of commercial and residential uses. Surrounded by retail, dining, and residential growth, the property has a Walk Score of 75, Transit Score of 68, and Bike Score of 88, making it perfect location for offices, retail, or community amenities.

324 25th Avenue S, Seattle

Listing courtesy of Windermere R.E. Shoreline.

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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