1729 12th Ave | Seattle, WA 98122
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- LoopNet Team
1729 12th Ave
Seattle, WA 98122
Land For Sale
·
0.44 AC
INVESTMENT HIGHLIGHTS
- Exceptional Capitol Hill location blocks from Downtown Seattle, the Pine/Pike corridor, the light rail transit system, and Cal Anderson Park
- The 19,360-SF, NC3-75' (M1)-zoned lot features a 5.5 FAR and could likely support a 100+ unit development over 100K SF with marketable retail on 12th
- Vintage charm and curb appeal – 1920s brick veneer building with wide interior hallways, well-maintained units, and classic prohibition era character
- Walker's Paradise walk score of 99 – Remarkable walking access to an abundance of restaurants, shops, entertainment, employment, and transit
- 50 units at an affordable $242,000-per-unit price, or $465 per square foot
- Well maintained property with a new roof, recent tuck pointing, new hall carpeting, and PVC piping for the cold-water lines
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.44 AC |
| Property Subtype | Commercial | ||
| Zoning | NC3-75 (M1) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.44 AC |
| Zoning | NC3-75 (M1) |
PROPERTY TAXES
| Parcel Number | 600350-0665 | Improvements Assessment | $473,000 |
| Land Assessment | $10,164,000 | Total Assessment | $10,637,000 |
PROPERTY TAXES
Parcel Number
600350-0665
Land Assessment
$10,164,000
Improvements Assessment
$473,000
Total Assessment
$10,637,000
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