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1600 S Jackson St - Jackson St. Redevelopment Opportunity 0.32 Acres of Commercial Land Offered at $4,793,985 CAD in Seattle, WA 98144
Investment Highlights
- Site is primed for redevelopment and benefits from the pedestrian designation.
- Located towards the top of the hill to the east, this site will provide expansive views in all direction from the upper floors of any new development.
- Located within an “Opportunity Zone” which is designed to provide tax incentives to investors.
Executive Summary
ORION Commercial Partners is excited to offer for sale a unique redevelopment opportunity
at the northeast corner of 16th Ave S and South Jackson Street in Seattle, WA. This 3 parcel
assemblage has been home to the Seafood Products Association for many years. The 13,612
square foot site is currently developed as a 2-story 8,000 square foot office building originally
built in 1926.
Zoned NC3P-55, the site is primed for redevelopment and benefits from the pedestrian
designation which encourages an intensely pedestrian-oriented retail shopping district where
non-auto modes of transportation, both within the district, are strongly favored. Additionally, the
property is located within an “Opportunity Zone” which is designed to provide tax incentives
to investors.
at the northeast corner of 16th Ave S and South Jackson Street in Seattle, WA. This 3 parcel
assemblage has been home to the Seafood Products Association for many years. The 13,612
square foot site is currently developed as a 2-story 8,000 square foot office building originally
built in 1926.
Zoned NC3P-55, the site is primed for redevelopment and benefits from the pedestrian
designation which encourages an intensely pedestrian-oriented retail shopping district where
non-auto modes of transportation, both within the district, are strongly favored. Additionally, the
property is located within an “Opportunity Zone” which is designed to provide tax incentives
to investors.
Property Facts
1 Lot Available
Lot
| Price | $4,793,985 CAD | Lot Size | 0.32 AC |
| Price Per AC | $14,981,202.78 CAD |
| Price | $4,793,985 CAD |
| Price Per AC | $14,981,202.78 CAD |
| Lot Size | 0.32 AC |
Located towards the top of the hill to the east, this site will provide expansive views in all directions from the upper floors of any new development. Priced at under $300/square foot of land, this is a great opportunity for developers.
Description
Land for redevelopment with existing Office Building in an opportunity zone. This 3-parcel assemblage has been home to the Seafood Products Association for many years.
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Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $899,772 CAD | |
| Land Assessment | $3,763,310 CAD | Total Assessment | $4,663,081 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$3,763,310 CAD
Improvements Assessment
$899,772 CAD
Total Assessment
$4,663,081 CAD
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1600 S Jackson St - Jackson St. Redevelopment Opportunity
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