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Investment Highlights

  • Premier, flat, 20,000 sq ft development site in UW's Golden Square
  • Entitlements available for a permitted +/-150 unit student housing building in the final stages
  • Full Due Diligence package available upon request
  • Demo Permit in hand

Executive Summary

Premier University of Washington development site on Greek Row. Flat, no SIP'S (street improvements), and big views. One block walk to campus entrance. Consultant reports attached and full Due Diligence package available upon request. Entitlements for a +/-150 unit 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 a non-profit and receives a substantial property tax exemption (20 day notice to vacate). Call Michael Brewer at 206-550-1308 with questions.

Data Room Click Here to Access

Property Facts

Price $11,721,981 CAD
Price Per SF $1,035.05 CAD
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. (showing a yield of +/-150 co-hab living spaces)
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
$7,861,448 CAD
Improvements Assessment
$460,737 CAD
Total Assessment
$8,322,185 CAD
  • Listing ID: 41334228

  • Date on Market: 2026-07-17

  • Last Updated:

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

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