Seattle, WA 98105 5520 University Way NE

$2,999,950

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Presented By: COMPASS and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2345797
  • 03/23/2025
  • Get pre-approved
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.

Home Details

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!
Presented By: COMPASS and NWMLS

Interior Features for 5520 University Way NE

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces

General for 5520 University Way NE

Building Area UnitsSquare Feet
Building NameTurner H S & Cos University
Carport Y/NNo
CitySeattle
CountyKing
DirectionsUse GPS for directions.
Gas StatusIn Street
HOANo
HOA Fee$
High School DistrictSeattle
Listing TermsCash Out, Conventional
Lot Size Square Feet7440
Lot Size UnitsSquare Feet
MLS Area710 – North Seattle
ModificationTimestamp2025-08-28T19:06:10.467Z
NWM_ShowMapLinkY
PossessionClosing, See Remarks, Subject to Tenant Rights
Possible UseBusiness, Commercial, Multi-Family, Office, Residential, Retail
Property Style43 – Comm/Industrial
Property SubtypeLand
Property TypeLand
Public RemarksDiscover 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
Senior Community Y/NNo
SewerIn Street
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeIndustrial
Subdivision NameUniversity District
Tax Annual Amount22021.16
Tax Year2024
TopographyLevel
UtilitiesElectricity Available, Natural Gas Available
ViewTerritorial
Zoning DescriptionBusiness, Commercial, Multi-Family, Office, Residential, Retail

Exterior for 5520 University Way NE

Building Area Total
Irrigation Water Rights Y/NNo
Lot Dimensions80′ x 93′
Lot FeaturesCurbs, Open Space, Paved, Sidewalk
Lot Number9-10
Lot Size Acres0.1708
Road Surface TypePaved
Water SourceAvailable, In Street
Waterfront Y/NNo

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $2,999,950
MLS#2345797
List Date 03/23/2025
Property Type Land
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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