Listing Price $4,500,000

4750 University Way NE Seattle, WA 98105

Courtesy of Northwest MLS and

Community Search:

Unique investment/redevelopment opportunity in prime University District location revitalized by new light rail 2 blocks away. Striking 12000 SF mid-century mixed-use building on “the Ave” by architect Samuel Morrison comprises 18 vintage open 1BR apartments and 3500 SF boutique retail space, once home of Academy of Classical Ballet, run by Irene Larson of NY City Ballet, and of Jun Fan Gung Fu Institute, martial arts school of fighter, teacher and philosopher Bruce Lee. Recapitalize and renovate the property for cash flow in thriving sub-market with focused, high demand renter base or develop in accordance with N3P-65 (M1) zoning. Steps from new mixed-use Safeway valued at $90M & adjacent 24-story M Tower, both by LA-based Fields Holdings.

Status:Active
DOM:200
Sq Ft:12182.00
Acres:0.0946
Property Type:MultiFamily
County:King
Community:710 - North Seattle
Year Built:1958
MLS #:1872358

Amenities

Roof:Flat,Torch Down
Heat:Electric
Cooling:Baseboard,Wall
School Dist:Seattle
Sr High:Lincoln High
Jr High:Hamilton Mid
Elementary:Green Lake

Site Features:
Cable TV, Fenced-Partially, Gas Available, Patio, Sprinkler System

Disclaimers:
•  The information contained in this listing has not been verified by Skyline Properties Inc and should be verified by the buyer
•  Skyline Properties Inc does not accept comprehensive reusable tenant screening reports as defined by and pursuant to RCW 59.18.257.

More Properties Like This

Price: $4,500,000
4750 University Wa...
Seattle WA 98105
12182.00
Sq Feet
Price: $4,100,000
109 25th Avenue E
Seattle WA 98112
11010.00
Sq Feet
Price: $4,500,000
1625 1627 Belmont ...
Seattle WA 98122
12068.00
Sq Feet
Price: $4,500,000
1111 90th Street S...
Everett WA 98204
12084.00
Sq Feet

Nearby Recently Sold Properties

Sold: $4,950,000
219 Queen Anne Ave...
Seattle WA 98109
10140.00
Sq Feet