$1,050,000
RARE WALLINGFORD COMMERCIAL/REDEVELOPMENT OPPORTUNITY. Existing 1922 Colonial Revival building on a 4,400 SF NC2-40(M) commercially zoned parcel, offering multiple paths for an owner-user, investor or developer. Formerly operated as a daycare/preschool, the one-story building is now vacant and provides potential for owner occupancy, adaptive reuse or interim use while evaluating future redevelopment. Permitted seismic upgrades were completed in 2018; Buyer to verify scope, permits and applicability to any proposed future use. Use it today. Improve it tomorrow. Redevelop it when the time is right. Own the building, build equity and retain the long-term option to reposition or redevelop. Preliminary concepts may include multifamily residential, townhomes or mixed-use development, subject to zoning, design, permitting, site constraints and historic-resource review. Located within the Wallingford Residential Urban Village with excellent neighborhood amenities, walkability, bicycle connectivity, transit, access to I-5, and close to Fremont, Green Lake and the University District/University of Washington. A rare opportunity to control both the building and the land in an established Seattle neighborhood. Professionally preinspected.
2580239
MLS
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FIRST LOOK
Status
3534 Interlake Avenue N, Seattle
Listing Broker: Windermere RE Greenwood; Matthew Skeel; 206-399-8209; matthew@windermere.com
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