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1624 N 45th St st - MUP Approved Wallingford Development Site 0.08 Acres of Commercial Land Offered at $1,000,000 in Seattle, WA 98103
Executive Summary
Master use Permit Approved Development Opportunity in the heart of Seattle's Wallingford neighborhood
This shovel-ready project (City of Seattle, Permit #6598837-CN) features a fully entitled, 4-story mixed-use building totaling approximately 9,200 SF. The design includes ~1,400 SF of ground floor retail/restaurant space below 12 residential units of various sizes.
Located in the NC2P-55 zone within the Wallingford Urban Center, the project benefits from recent zoning updates allowing for up to 5 stories and no on-site parking requirements, maximizing density.
Great Location: Boasting a 98 Walk Score, the site is surrounded by high-traffic anchors including QFC, CVS, Ace Hardware, Wells Fargo, Molly Moons, Orangetheory Fitness, and more. Excellent proximity to the University of Washington, Green Lake, and Fremont makes this an ideal location for future residents.
Broker to verify commission with Listing Agent when submitting an offer.
This shovel-ready project (City of Seattle, Permit #6598837-CN) features a fully entitled, 4-story mixed-use building totaling approximately 9,200 SF. The design includes ~1,400 SF of ground floor retail/restaurant space below 12 residential units of various sizes.
Located in the NC2P-55 zone within the Wallingford Urban Center, the project benefits from recent zoning updates allowing for up to 5 stories and no on-site parking requirements, maximizing density.
Great Location: Boasting a 98 Walk Score, the site is surrounded by high-traffic anchors including QFC, CVS, Ace Hardware, Wells Fargo, Molly Moons, Orangetheory Fitness, and more. Excellent proximity to the University of Washington, Green Lake, and Fremont makes this an ideal location for future residents.
Broker to verify commission with Listing Agent when submitting an offer.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.08 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | NC2P-55 (M) - Neighborhood Commercial | ||
| Price | $1,000,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.08 AC |
| No. Stories | 1 |
| Zoning | NC2P-55 (M) - Neighborhood Commercial |
1 Lot Available
Lot
| Price | $1,000,000 | Lot Size | 0.08 AC |
| Price Per AC | $13,157,894.74 |
| Price | $1,000,000 |
| Price Per AC | $13,157,894.74 |
| Lot Size | 0.08 AC |
This shovel-ready project (City of Seattle, Permit #6598837-CN) features a fully entitled, 4-story mixed-use building totaling approximately 9,200 SF. The design includes ~1,400 SF of ground-floor retail/restaurant space below 12 residential units.
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Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (96)
Property Taxes
| Parcel Number | 408380-3200 | Improvements Assessment | $0 (2024) |
| Land Assessment | $1,097,200 (2024) | Total Assessment | $1,097,200 (2024) |
Property Taxes
Parcel Number
408380-3200
Land Assessment
$1,097,200 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$1,097,200 (2024)
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