2421 3rd Avenue Seattle, WA 98121

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$16,500,000

Market Estimate

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0.45 Acres
Land
Listing# 1659995

Listing provided courtesy of: Windermere Real Estate Midtown

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Property Details

Description

19,440 SF development site in the heart of downtown Seattle's Belltown neighborhood! The offering consists of 2 adjacent parcels separated by an alley. 2420 2nd Ave is a corner 6,480 SF lot zoned DMR/C 95/65 improved with an office occupied through 2021. The 2nd parcel is a 12,960 SF corner lot zoned DMR/R 145/65 and generates income as a 48 stall parking lot. Variety of uses allowed including commercial and residential. Unsurpassable location with a Walk Score of 99 & Transit Score of 100.

General Features
- County Or Parish King
- Furnished Unfurnished
- MLS Area Major 701 - Belltown/Downtn
- Property Sub Type Land
- Special Listing Conditions None
- Style Code 42Multi-Family
- Subdivision Name Belltown
- Tax Annual Amount 87077
- Tax Year 2020
- Zoning Description DMR/R 145/65
Building Features
- Building Area Total 0
- Building Area Units Square feet
- Living Area 0
- Living Area Units Square feet
Property Features
- Carport Y/N No
- Garage Y/N No
- Irrigation Water Rights Y/N No
- Lot Features Alley, Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Acres 0.4463
- Lot Size Dimensions 120x108
- Lot Size Square Feet 19440
- Lot Size Units Square feet
- Road Surface Type Paved
- Sewer Available
- Topography Level
- Utilities Natural Gas Available,Electricity Connected
- View City
- View Y/N Yes
- Waterfront Y/N No
Schools
- Elementary School Lowell
- High School Garfield High
- High School District Seattle
- Middle Or Junior School Meany Mid

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Neighborhood

98121 (Seattle) Demographics

33 Median Age

33,283 Population Density (per sq. mile)

73% College Educated

$86,546 Estimated Median Income

1,875 Estimated Total Home Owners

8,191 Estimated Total Renters

19% / 81% Estimated Owner / Renter Divide

2 Estimated Average Household Size

14,678 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$645,000 Median Sales Price

27 Homes Sold

52 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source	New Value: $16,500,000
9/8/2020 2:12:00 PM	New in Database Source	New Value: $16,500,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

2421 3rd Avenue $16,500,000