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5520 University Way NE Seattle, WA $ 2,999,950
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5520 University Way NE
$ 2,999,950
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5520 University Way NE

Seattle, WA, 98105
$ 2,999,950
Baths0.0

Monthly Estimate*

$ 18,716

Listed by COMPASS
5520 University Way NE, Seattle, WA 98105 - Image 1
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5520 University Way NE, Seattle, WA 98105 - Image 4
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5520 University Way NE, Seattle, WA 98105 - Image 10
5520 University Way NE, Seattle, WA 98105 - Image 11
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Studio

Lots and Land for sale in Seattle, WA

for $2,999,950. The lot size is 0.1708.

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!

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Lots and Land Active

Price

$ 2,999,950

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 22,021

Style

Comm/Industrial

Lot Size

0.1708

Town/City

Seattle

County/Region

King

MLS | Web ID

2345797
Features
General
Living Area 0
Sewer In Street
Utilities Electricity Available Natural Gas Available
Possession Closing See Remarks Subject to Tenant Rights
HOA Fee 0
View Territorial
Topography Level
Property Subtype Land
Tax Year 2024
Building Name Turner H S & Cos University
County King
Property Type Land
HOA N
Subdivision Name University District
Possible Use Business Commercial Multi-Family Office Residential Retail
Special Listing Conditions None
Status Active
Directions Use GPS for directions.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Business Commercial Multi-Family Office Residential Retail
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 7440
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 22021.16
Public Remarks Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station th
Structure Type Industrial
Building Area Units Square Feet
Standard Status Active
Gas Status In Street
Property Style 43 - Comm/Industrial
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 0
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Curbs Open Space Paved Sidewalk
Water Source Available In Street
Building Area Total 0
Lot Dimensions 80' x 93'
Lot Size Acres 0.1708
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
Lot Number 9-10
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Internal Only
OriginalMLSID NWM2345797
Street Number 1 5520
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* Excluded Features
List By
Mary Pong

Listing Agent

Compass

Broker

Affordability Calculator

$20,551
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$1,835
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2025$2,999,950 Listed Price

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5520 University Way NE, Seattle, WA, 98105 is a Lots and Land for sale at $2,999,950 with a lot size of 0.1708. 5520 University Way NE is a studio with 0.0 baths. The property's zip code is 98105 which is in Seattle, WA

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