8500 14th Ave S

Seattle, WA 98108

$2,100,000 Listing #241383
5,870 sq ft Year Built: 1940 Commercial

Discover a remarkable opportunity to invest in Seattle's vibrant South Park neighborhood with this prime commercial property, ideally located at the bustling corner of 14th St and Cloverdale St. Spanning a generous 10,500 sqft, this site presents a dual-purpose investment prospect, suitable for its current use or envisioned for an ambitious new development.

Thanks to its NC3P-55 (M) zoning, this property boasts the potential for a transformative development project. According to a feasibility study, the site can accommodate a dynamic multi-unit residential build, comprising 40+ units, with each unit offering an efficient and modern living space of approximately 600 square feet. This presents an ideal scenario for developers aiming to tap into the residential market with a large-scale apartment complex.

Alternatively, for those looking to explore a different avenue, the property offers the capacity for the creation of 14+ stylish townhomes. This option provides an attractive proposition for developers and investors seeking to cater to families or professionals desiring the blend of city living with the charm and comfort of a townhome.

Situated in an area known for its growth and development, this property is not just a plot of land but a canvas for innovation and creativity. Whether the vision is to maintain the site's current utility or to embark on a new development venture, the possibilities are vast and filled with potential.

Take advantage of this unparalleled investment opportunity in one of Seattle’s most promising neighborhoods, where your vision can become the next landmark development.

Interior Features

Square Feet 5,870

Exterior Features

Lot Size 10500
Courtesy of Kenny Pleasant, NextHome Prolific
This content last updated on 5/17/2024 11:50 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Inquire On This Property

Please fill out the form below and I will get back to you regarding your questions as promptly as possible.

Kenny Pleasant

Kenny Pleasant Broker / Owner

NextHome Prolific Seattle

WA License #: 21006480 Direct: 425.590.9933
Expertise Types: Commercial, New Homes, Property Management, Land, Residential Investment, Foreclosure, Single Family Homes, Townhomes
Professional Designations: CRS, REALTOR