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5520 University Way NE

Seattle, WA 98105
  • $2,999,950
  • STATUS: Active
  • MLS #: 2345797
UPDATED: 55 min ago
$2,999,950
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.

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!

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Cano Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-04-15T12:16:27.473. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-04-15T12:16:27.473. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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www.canorealestate.com/homes/161785272
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5520 University Way NE Seattle, WA 98105

  • Price: $2,999,950
  • Status: Active
  • On Site: Days
  • Updated: 55 min ago
  • MLS #: 2345797
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
University District
County:
King
Area:
N.Seattle/UW/Wedgewood/V.Ridge/Lk Cty
School District:
Seattle
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!
Exterior Features

Carport YN No Lot Features CurbsOpen SpacePavedSidewalk Lot Size Dimensions 80' x 93' Road Surface Type Paved Structure Type Industrial Style Code 43 - Comm/Industrial Topography Level View Territorial View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Name Turner H S & Cos University Electric On Property YN No Electricity Status In Street FIRPTAYN No First Right Of Refusal No Gas Status In Street Irrigation Water Rights YN No Listing Terms CashConventional Lot Number 9-10 Possession ClosingSee RemarksSubject To Tenant Rights Possible Use BusinessCommercialMulti-FamilyOfficeResidentialRetail Property Sub Type Land Restrictions Unknown Road Information Paved Road On Which Side west side Senior Community YN No Senior Exemption No Sewer In Street Special Listing Conditions None Tax Annual Amount 22021.16 Tax Year 2024 Utilities Electricity AvailableNatural Gas Available Water Jurisdiction SPU Water Source AvailableIn Street Zoning Description BusinessCommercialMulti-FamilyOfficeResidentialRetail Zoning Jurisdiction City

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Cano Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-04-15T12:16:27.473. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-04-15T12:16:27.473. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Digital Millennium Copyright Act
 
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Cano Real Estate
415 E Mill Plain Blvd
Vancouver WA, 98660
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.