Woodland Park Avenue Assemblage (Status: Available)

3626, Woodland Park Ave, Seattle, WA  98103

Whitecap is pleased to present an opportunity to invest, reposition & develop two Wallingford / Fremont parcels offering 13,000 sf of NC2-75 (M1) zoned land. Currently, there are 9 units on the site, including a 5-unit apt and 2 duplexes. The opportunity provides for multiple attractive investment approaches. The buildings can be land banked for future development. Current stabilized buildings can be upgraded, increasing current cashflow. The property could also be partially or entirely redeveloped.
Initial studies indicate the possibility to preserve & renovate the two historic buildings & develop 30 units in the back, creating a unique landmark community, or an investor may pursue entirely redeveloping the parcels, with potential to build approximately 126 new units. Buyer to verify.

Listing Details

Asset Class: Multi-Family,Land
Year Built: 1926
Building Total Square Feet: 7290
Available Lease Space Square Feet:
Number of Floors:
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Lee & Associates Commercial Real Estate Services

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, DBA North Sound Commercial and should be verified by the buyer, seller, or tenant.

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