927 NW 57th Street, Seattle, WA 98107

$1,400,000

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Listing courtesy of KW Lake Washington So.

List Price
$1,400,000
Status
ACTIVE
MLS#
2459242
Days on Market
194
Lot Size (sq ft)
5,000

Property Description

Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle’s most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). 0 parking requirements, cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved.issued. MHA requirements have been satisfied on-site, eliminating future affordability uncertainty. The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials are included in list price.photos contain renderings.

Additional Information

Community
Ballard
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
View
Territorial
Sewer
Available
Tax Year
2025
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Potential Terms
Cash, Conventional, See Remarks
Driving Directions
From NW Market St head North on 11th Ave NW, then East on NW 57th St
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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