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1020 Bellevue Ct E - Bellevue Court Development Site 0.21 Acres of Commercial Land Offered at $3,250,000 in Seattle, WA 98102
INVESTMENT HIGHLIGHTS
- Building Permits Approved: Ability to break ground immediately following closing
- Walkable to South Lake Union, Broadway and the Capitol Hill Light Rail Station
- Surrounded by amenities: Easy access to Broadway Ave, with numerous bars, restaurants and shops
- Building Permits Approved: Ability to break ground immediately following closing
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire the Bellevue Ct. East Development Site (the “Property”), a 9,157 SF lot, fully permitted and shovel ready offering 46 apartment units.
The approved design features a modern & striking 5-story design with Pacific Northwest inspired materials. A notable building feature that will differentiate the property and attract tenant interest is the 789 square foot rooftop terrace with views of Lake Union, the Space Needle, Downtown Seattle and the Olympic Mountains. Situated in the highly sought after Capitol Hill historic district, the property will offer prospective tenants the largest number of walkable bars, restaurants and retail the city has to offer.
The approved design features a modern & striking 5-story design with Pacific Northwest inspired materials. A notable building feature that will differentiate the property and attract tenant interest is the 789 square foot rooftop terrace with views of Lake Union, the Space Needle, Downtown Seattle and the Olympic Mountains. Situated in the highly sought after Capitol Hill historic district, the property will offer prospective tenants the largest number of walkable bars, restaurants and retail the city has to offer.
PROPERTY FACTS Under Contract
| Price | $3,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | LR3 (M) - Residential | ||
| Price | $3,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.21 AC |
| No. Stories | 2 |
| Zoning | LR3 (M) - Residential |
1 LOT AVAILABLE
Lot
| Price | $3,250,000 | Lot Size | 0.21 AC |
| Price Per AC | $15,460,288.47 |
| Price | $3,250,000 |
| Price Per AC | $15,460,288.47 |
| Lot Size | 0.21 AC |
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Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,623,800 | Total Assessment | $2,623,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,623,800
Improvements Assessment
$0
Total Assessment
$2,623,800
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