Seattle South Lake Union — C1-75 Development Opportunity

An exceptional development opportunity awaits in one of Seattle's most sought-after corridors. This listing comprises three total parcels with significant redevelopment potential, located strategically within the thriving South Lake Union/Fremont corridor. The property features 15,912 square feet across the parcels, boasting 138 feet of prime Aurora Avenue frontage, ensuring high visibility. Zoned C1-75, it offers a wide range of commercial and multifamily development options. The site was previously approved for a 41-unit apartment project, underscoring its proven development capacity. Existing structures on two parcels may offer interim rental income while planning future projects. Geotechnical and Phase II Environmental studies have been completed (though expired), potentially streamlining due diligence. Ideal for developers, investors, or owner-users, this site is positioned directly in the path of South Lake Union's continued expansion. It is surrounded by major employment centers, robust transit options, and ongoing redevelopment projects, presenting a long-term upside in a dynamic urban core. Buyers should note the unique site configuration due to a city right-of-way that bisects the property, requiring careful evaluation in development plans. Buyer to independently verify zoning, entitlement requirements, and site configuration.