This listing courtesy of Mary Pong , COMPASS
$2,999,950

5520 University Way NE, Seattle, WA 98105

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,440sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

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!

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 8:21PM
Listing Office:
COMPASS : 425-242-6440
Listing Agent:
Mary Pong : 425-242-6440
MLS ID:
2345797
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0
  • General: 43 - Comm/Industrial
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Seattle
  • County: King
  • Topography: Level
  • Zoning: 8714600055
  • View: TerritorialView
  • Restrictions: Unknown
  • Utilities: Electricity AvailableNatural Gas Available
  • Water: AvailableIn Street
  • Sewer: In Street
  • Source: nwmls

This listing courtesy of Mary Pong , COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

Presented by Veterans United Realty