Rare development opportunity on Delridge Way SW offering both multifamily and for-sale residential potential. Five parcels combine for approx. 23,760 SF with nearly 200 feet of frontage, alley access and NC2P-55(M) zoning. In addition to a traditional mixed-use/multifamily concept, explore a townhome-focused plan incorporating street-front live/work residences along Delridge with conventional townhomes positioned behind. The live/work concept could pair ground-floor commercial space with a multi-level residence above, creating individually saleable units while addressing required street-level commercial frontage. Similar live/work/townhome designs have been successfully developed along other West Seattle commercial corridors. Existing 15 units provide income while evaluating redevelopment options. With strong access to transit, West Seattle amenities, downtown and major employment centers, this sizable assemblage offers flexibility for builders and developers seeking a creative path to maximize the site. Buyer to verify zoning, development standards, unit yield, commercial requirements and feasibility.
| MLS # | 2495909 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 208 |
| Listing Provided By | John L Scott RE West Seattle | Jonn McYnturff |
| SQ Feet | 8,682 |
|---|---|
| Story(s) | 2 |
| Units | 15 |
| Zoning | Multi-Family |
| Acreage | 0.55 |
| Property | 31940 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | Delridge |
| School District | West Seattle High |
| Elementary School | Fairmount Park |
| High School | West Seattle High |
| Listing VS Median (in Delridge) | |
Price: $3,500,000 low | high Med: $685,000 sqft: 8,682 low | high Med: 1,296 $ / sqft: $403 low | high Med: $529 On site: 208 low | high Med: 100 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98106 |
| Area | 140 West Seattle |
| Community Name | Delridge |
| School District | West Seattle High |
| Elementary School | Fairmount Park |
| High School | West Seattle High |
| Listing VS Median (in Delridge) | |
Price: $3,500,000 low | high Med: $685,000 sqft: 8,682 low | high Med: 1,296 $ / sqft: $403 low | high Med: $529 On site: 208 low | high Med: 100 | |