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Investment Highlights

  • Premier 20,000 Sq Ft flat & clean developable lot in the UW Golden Square
  • Demo Permit in hand
  • Full Due Diligence package available upon request
  • Entitlements available for a mostly permitted student housing building

Executive Summary

Premier University of Washington development site on Greek Row. Flat, No SIPS, and big views. Consultant reports provided with full Due Diligence package available upon request. Entitlements for student housing building are in the final stages of reviews with Seattle Department of Construction and Inspections (SDCI). Current monthly income from Diamond Parking Lease. Building is occupied by WELD Seattle (non-profit) and receives a real estate tax exemption. Call Michael Brewer at 206-550-1308 with questions.

Data Room Click Here to Access

Property Facts

Price $8,350,000
Price Per SF $737.31
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
Property Type Specialty
Property Subtype Sorority/Fraternity House
Building Class C
Lot Size 0.46 AC
Building Size 11,325 SF
No. Stories 3
Year Built/Renovated 1910/1975
Parking Ratio 3.8/1,000 SF
Zoning LR3 (M) - Residential, Multifamily, Lowrise 3
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
092504-9092
Land Assessment
$5,600,000
Improvements Assessment
$328,200
Total Assessment
$5,928,200
  • Listing ID: 41322484

  • Date on Market: 7/16/2026

  • Last Updated:

  • Address: 4626 21st Ave NE, Seattle, WA 98105

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