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Investment Highlights

  • The subject site is situated between Marion and Columbia Streets, and on the west side of 9th Avenue which affords views of Seattle’s CBD.

Executive Summary

A rare high-rise development site in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience. Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

Property Facts

Price $11,231,622 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.25 AC
Zoning HR - High Rise

1 Lot Available

Lot

Price $11,231,622 CAD
Price Per AC $45,300,853.22 CAD
Lot Size 0.25 AC

Paved parking lot.

Description

Settle Small Efficiency Dwelling Unit (SEDU) Development Opportunity

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
859040-0875
Land Assessment
$8,505,899 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,505,899 CAD
  • Listing ID: 37475361

  • Date on Market: 2023-03-13

  • Last Updated:

  • Address: 815 9th Ave, Seattle, WA 98104

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