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Investment Highlights

  • Located near the University of Washington campus. Steps from The Ave and surrounded by student-oriented retail, dining, and housing demand
  • Walking distance to U District Station, Link Light Rail, regional bus routes, and the Burke-Gilman Trail
  • Supported by UW enrollment exceeding 52,000 students and a large off-campus housing population. Demand renews annually through student turnover.
  • Immediate access to The Ave, University Village, Wallingford, Fremont, and Seattle’s most active student-oriented amenities.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.33 AC
Zoning SM-U 95-32

1 Lot Available

Lot

Lot Size 0.33 AC

An urban infill development opportunity with issued discretionary land-use entitlements and walkable access to University District amenities.

Description

0.33 acres of commercial land with existing retail building. Site of proposed multi-family property, see Property ID 20308332 in CoStar.

Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
881240-0400
Land Assessment
$8,846,800
Improvements Assessment
$1,000
Total Assessment
$8,847,800
  • Listing ID: 40945438

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 700 NE 45th St, Seattle, WA 98105

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