Seattle, WA 98125,10516 Lake City WAY NE
Listed by Windermere Real Estate Midtown
Bought with eXp Realty

$1,800,000

$1,990,000

9.5%
Est.Price: ?

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Est. payment /mo

20,185 SqFt


SOLD DATE : 08/29/2025

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 20,185 sqft

Price per Sqft $89

Subdivision Seattle

MLS Listing ID 2358791

Sold Date 08/29/25

Style 56 - 10+ Units

Year Built 1948

Annual Tax Amount $44,201

Lot Size 0.507 Acres

Property Sub-Type Multi Family

Property Description

Take advantage of this development project already underway in a prime Seattle location. Renew existing building permits to complete as an 18-unit apartment or explore the NC3-55 (M) zoning which offers potential for increased density. Spawned from an adaptive reuse of the Don Willis furniture store and warehouse, the existing structure and plan offers a desirable unit mix, soaring ceilings with exposed timber beams, and 26 parking stalls. Ideally located near major transit options, retail, dining, and entertainment, including the 41-acre, Northgate Station redevelopment. Save valuable time and step into a high-upside project with momentum and potential.

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Stone, Wood Products

View Y/N Yes

View Mountain(s), Territorial

Roof Type Flat

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools John Rogers

Middle Schools Jane Addams

High Schools Nathan Hale High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Northwest MLS (NWMLS)
Tia Strutz

+1(503) 730-5982

tia@tiastrutzhomes.com

16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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