Seattle, WA 98125,13500 Lake City WAY NE
Listed by Paragon Real Estate Advisors
Bought with ZNonMember-Office-MLS

$2,400,000

Est. payment /mo

$3,200,000

25.0%
Est.Price: ?

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13500 Lake City WAY NE Seattle, WA 98125

0.69 Acres Lot

SOLD DATE : 05/30/2025

Key Details

Sold Price $2,400,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Lake City

MLS Listing ID 2207756

Sold Date 05/30/25

Style 73 - Office

Year Built 1980

Lot Size 0.695 Acres

Property Sub-Type Commercial Industrial

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.

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Building

Sewer Available

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
agent

Rein Franke

Advisor | License ID: 250005926

+1(425) 647-8823

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