NORTH SEATTLE SUBJECT PROPERTY DEVELOPMENT SITE. Dane Erickson TH AVE NE SEATTLE, WA 98125
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1 NORTH SEATTLE DEVELOPMENT SITE TH AVE NE SEATTLE, WA Dane Erickson
2 Property Description Offering Urban Commercial Partners is pleased to offer the property at th Ave NE in Seattle s Pinehurst neighborhood. The property consists of a 5,400 square-foot lot with NC2-40 zoning. This is zoning allows for supermarkets, restaurants, offices, retail mixeduse, residential, and multi-family units. Site Characteristics Address th Avenue Northeast City, State Seattle, WA Price $925,000 Price / SF (Land) $ Neighborhood Pinehurst Parcel No Typical new development in the NC2-40 zones are townhouse/rowhouse, buildings consisting of street-level retail with residential apartments above and townhouse developments with a live/work component. Alternatively, developers have the option to build purely commercial buildings with no residential component. Lot SF Acres Zoning 5,400 square-feet 0.12 acres NC Urban Commercial Partners
3 Location & Neighborhood Activities North Seattle offers many options for activities including golfing at Jackson Park Golf Course, Shopping at Northgate Mall, or going for a swim at Matthews Beach. Parks Several parks, playfields, and natural areas within a mile including: Kingfisher Natural Area, Victory Creek Park, Victory Heights Playground, Hubbard Homestead, and Licorice Fern Natural Area makes this a very family friendly location. Neighborhood New development in the area focuses on small retail, office buildings and residential housing. Economic growth is expected within this neighborhood due to its centralized location and future additions to the Light Rail Line allowing easier commutes. 3 Urban Commercial Partners
4 Transportation Light Rail The future Northgate Station will be located just 1.4 miles away and will provide rapid travel to University of Washington, Capitol Hill, Downtown Seattle, Beacon Hill and SeaTac. Bike Commuting by bike is quickly becoming Seattle s preferred method of transport. Skip rush hour traffic and lower your carbon footprint. Metro Buses Public transportation is only a 100 foot walk away from the property location. Riders can quickly jump on the 73, 77, or 373 Lines, which runs through the Downtown, University of Washington, and Echo Lake neighborhoods. Car The proximity to I-5, I-99, and I-522 allow for easy navigation around the Greater Seattle area as well as fast access to the Eastside. LEGEND Light Rail Line Street Car Line Bus Routes 4 Urban Commercial Partners
5 Travel Times Walk 20 minutes or less will get you to the future Northgate light rail station, Northgate Mall, bus stops, local restaurants, parks and grocery stores. Bus 30 minutes or less will get you to Amazon Campus, University of Washington, Downtown Seattle, Capitol Hill, Bellevue, Ballard, Mountlake Terrace, and Bothell. Bike 30 minutes or less will get you to The University of Washington, Green Lake, Ballard, Fremont, and Kenmore. Drive 30 minutes will get you as far North as Marysville, East as Issaquah and South as Federal Way. 5 Urban Commercial Partners
6 Area View DOWNTOWN UNIVERSITY OF WASHINGTON GREEN LAKE NORTHGATE 6 Urban Commercial Partners
7 Neighborhood View 7 Urban Commercial Partners
TOD TOWNHOUSE SITE. Seattle Apartment Team 70,000 LOT SF 7 TAX PARCELS 50+ TOWNHOUSE POTENTIAL SHORELINE, WA SEATTLE CBD
UW SEATTLE CBD 70,000 LOT SF 7 TAX PARCELS 50+ POTENTIAL SHORELINE, WA TIM MCKAY O: +1 206 223 5586 Tim.McKay@Colliers.com NORTHGATE MALL DAN CHHAN O: +1 206 223 1265 Dan.Chhan@Colliers.com SAM WAYNE Associate
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