Capitol Hill Development Site
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Capitol Hill Development Site
2 Retail Properties Offered at £6,024,083 in Seattle, WA
Investment Highlights
- Total Assemblage – 12,850 SF
- Shape & Frontage: The assembled sites are a triangular configuration
- Utilities: All necessary utilities appear to be available to the site
- Current Zoning: 110 Summit Ave E - NC3-75 (M); 1611 E Olive Way – NC3P-75 (M)
- Topography: The site slopes gently downward from east to west
Executive Summary
NAI Puget Sound Properties is pleased to exclusively offer for sale the 110 Summit Ave E and 1611 E Olive Way development site, located
in the heart of the retail/commercial core of the Capitol Hill neighborhood of Seattle. The site presents a unique development opportunity
in one of the most desirable neighborhoods in both Seattle and the greater Puget Sound region. It is located on a major commercial
corridor in a high-density and vibrant community and offers corner locations with street frontage on two sides, allowing maximum natural light and great view potential.
The property is near the Capitol Hill Link Light Rail and Seattle Streetcar stations, in addition to numerous bus routes in close
proximity. Only two neighborhoods in the Seattle area are accessible by all 3 major transportation systems. This transit-oriented location
provides excellent access to nearby employment centers such as the Seattle Central Business District, South Lake Union, the
University of Washington main campus and hospital, and the First Hill medical community. In addition, the property is near Cal Anderson
Park, which is the hub of the local community.
in the heart of the retail/commercial core of the Capitol Hill neighborhood of Seattle. The site presents a unique development opportunity
in one of the most desirable neighborhoods in both Seattle and the greater Puget Sound region. It is located on a major commercial
corridor in a high-density and vibrant community and offers corner locations with street frontage on two sides, allowing maximum natural light and great view potential.
The property is near the Capitol Hill Link Light Rail and Seattle Streetcar stations, in addition to numerous bus routes in close
proximity. Only two neighborhoods in the Seattle area are accessible by all 3 major transportation systems. This transit-oriented location
provides excellent access to nearby employment centers such as the Seattle Central Business District, South Lake Union, the
University of Washington main campus and hospital, and the First Hill medical community. In addition, the property is near Cal Anderson
Park, which is the hub of the local community.
Property Facts
| Price | £6,024,083 | Number of Properties | 2 |
| Price / SF | £1,114 / SF | Individually For Sale | 0 |
| Sale Conditions | Development Sale | Total Building Size | 5,410 SF |
| Sale Type | Investment | Total Land Area | 0.30 AC |
| Status | Active |
| Price | £6,024,083 |
| Price / SF | £1,114 / SF |
| Sale Conditions | Development Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,410 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 110 E Summit Ave, Seattle, WA 98102 | Retail | 4,000 SF | 2007 | - |
| 1611 E Olive Way, Seattle, WA 98102 | Retail | 1,410 SF | 1926 | - |
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Capitol Hill Development Site
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