Property Details

2506 S Jackson St

Seattle, WA 98144

$1,500,000

Off Market

CBA# 713674 courtesy of CBA Listing firm: KW Commercial GSWA MCI LLC

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Office / Retail

Property Type

2,480

Bldg Sq Ft

Units

1912

Year Built

Property Overview

Freestanding commercial building on S. Jackson Street in Seattle’s Central District — one of the most actively developing corridors in the Pacific Northwest. 2,480 SF Class C storefront on 3,484 SF NC2-40 parcel with 45-ft street frontage. Built 1912. Current FAR 0.71 — over 75% of permitted FAR untapped. Permitted FAR increases to 3.0+ under pending Centers & Corridors upzone legislation (One Seattle Plan, council vote anticipated July 2026), with anticipated rezoning from NC2-40 to NC2-55 or NC2-65. At post-upzone FAR, the 3,484 SF lot supports approximately 10,452 SF of buildable floor area — roughly 4x the existing building. Active restaurant occupies the building, providing income to offset carry during the 18–36 month permit and entitlement window. No new ground-up construction on th