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- LoopNet Team
1201 S Bailey St
Seattle, WA 98108
Office Property For Sale
Investment Highlights
- Rare, high-profile redevelopment opportunity in thriving Georgetown neighborhood
- Walking distance to popular restaurants, bars, breweries and event venues
- Permitted, development-ready building prepped for immediate construction
Property Facts
Amenities
- Bus Line
About 1201 S BAILEY ST , SEATTLE, WA 98108
1201 S Bailey is a rare redevelopment opportunity located in the heart of Seattle’s popular Georgetown neighborhood. Prominently situated along one of the neighborhood’s busiest arterials, the iconic former Masonic lodge is within minutes of downtown Seattle and enjoys easy access to the greater Puget Sound region via nearby on-ramps to Interstate 5, Highway 99 and State Route 509. Current ownership has taken the first steps in revitalizing the 1927 building by stripping the interior down to the studs and presenting developers with a blank canvas on which to build their vision and securing permits from the city of Seattle. Flexible NC3-55 (M) zoning allows for a wide variety of office, retail, or residential uses.
Property Taxes
| Parcel Number | 036000-0020 | Improvements Assessment | $3,283,700 |
| Land Assessment | $866,100 | Total Assessment | $4,149,800 |
Property Taxes
