Bought with eXp Realty
$1,800,000
$1,990,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
10516 Lake City WAY NE Seattle, WA 98125
20,185 SqFt
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 20,185 sqft
Price per Sqft $89
Subdivision Seattle
MLS Listing ID 2358791
Sold Date 08/29/25
Style 56 - 10+ Units
Year Built 1948
Annual Tax Amount $44,201
Lot Size 0.507 Acres
Property Sub-Type Multi Family
Property Description
Take advantage of this development project already underway in a prime Seattle location. Renew existing building permits to complete as an 18-unit apartment or explore the NC3-55 (M) zoning which offers potential for increased density. Spawned from an adaptive reuse of the Don Willis furniture store and warehouse, the existing structure and plan offers a desirable unit mix, soaring ceilings with exposed timber beams, and 26 parking stalls. Ideally located near major transit options, retail, dining, and entertainment, including the 41-acre, Northgate Station redevelopment. Save valuable time and step into a high-upside project with momentum and potential.
Location
State WA
County King
Area 710 - North Seattle
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Stone, Wood Products
View Y/N Yes
View Mountain(s), Territorial
Roof Type Flat
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Available
Water Public
New Construction No
Schools
Elementary Schools John Rogers
Middle Schools Jane Addams
High Schools Nathan Hale High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.
