4733 Brooklyn Ave 2,369 SF Retail Building Seattle, WA 98105 $3,000,000 ($1,266.36/SF) 4.35% Cap Rate

4733 Brooklyn Ave NE is a prime mixed-use development opportunity located in Seattle's highly desirable University District, offering investors the ability to capitalize on one of the city's most active and supply-constrained urban markets.
The property occupies approximately 4,154 square feet of land and benefits from SM-U 75-240 (M1) zoning, allowing for high-density residential and commercial development. Positioned just blocks from the University of Washington, University Way ("The Ave"), and the U-District Light Rail Station, the site is supported by exceptional pedestrian activity, strong transit connectivity, and sustained demand driven by students, professionals, and surrounding employment centers.
The property is currently leased, providing interim income while investors pursue future redevelopment or entitlement opportunities. Its strategic location, flexible zoning, and proximity to major institutional and commercial anchors make it well suited for long-term value creation.
4733 Brooklyn Ave NE presents a compelling investment opportunity by combining current income with significant redevelopment potential in one of Seattle's most established and rapidly evolving urban neighborhoods.