Property Details
8521 Roosevelt Way NE
Seattle, WA 98115
$2,149,000
Pending Feasibility
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Property Overview
MAJOR PRICE REDUCTION—RARE CORNER LOT OPPORTUNITY! Exceptional commercial offering on a prominent 10,015 SF corner lot in highly desirable Maple Leaf, directly across from Maple Leaf Park and positioned on a well-traveled, high-visibility corridor. The existing 4,944 SF building offers immediate flexibility for retail, showroom, warehouse, or creative workspace—with the opportunity to reposition or fully revamp the space to maximize income potential. Approximately 5,000 SF of gated, secured parking adds significant value for both users and tenants. Zoned NC2P-55(M), this site unlocks multiple high-upside strategies. Preliminary feasibility suggests potential for a 50–60 unit mixed-use development with ground-floor retail, or an alternative 12–14 townhome configuration (buyer to verify). Ideal for investors, developers, or owner-users seeking a prime location with strong fundamentals, long-term growth, and standout visibility. Seller may consider financing with substantial down payment.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Pending Feasibility
County
King
Neighborhood
Maple Leaf
Listed
Dec 10, 2025
Original Price
$2,399,000
Building & Use
Zoning
See Remarks
Possible Use
See Remarks
Exterior & Lot
Lot Size
0.23 sqft
Exterior Materials
Brick, Cement
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Cement/Concrete
Location
City
Seattle
County
King
Coordinates
47.69109, -122.31794
Additional Information
Tax Year
2025
Possession
Array
