Property Details

2800 NE 55th St

Seattle, WA 98105

$2,200,000

Available

CBA# 714338 courtesy of CBA Listing firm: Windermere Real Estate Co.

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 2800 NE 55th St, Seattle, MLS# 714338

Commercial

Property Type

3,864

Bldg Sq Ft

Units

4.00%

Cap Rate

1955

Year Built

Property Overview

This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.