2621 Eastlake Avenue E, Seattle, WA 98102

WA, Seattle
$2,995,000
  • 0.13 Acre
  • Land Property Type
  • Canceled Status
Property Description

The Foundation Group is pleased to offer the Eastlake Ave E Development Site for exclusive sale. The offering consists of a shovel-ready 54-unit SEDU project in the heart of one of Seattle’s most desirable neighborhoods. The project is perfect for a builder looking to break ground right away for this class A location and modern design. New construction SEDU projects are a highly coveted assets with most units leasing for upwards of $5/net rentable square foot. Back-end sales data supports some of the highest sales metrics for apartments in the industry making this a great design-to-sell project or long term investment.

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2042068
  • Price: $2,995,000
  • View: Lake,Territorial
  • Lot Area: 0.13 Acre
  • Status: Canceled
  • Office Name: The Foundation Group LLC
  • Agent Name: Aaron Locke
  • Property Sub Type: Land
Features
  • Sewer On Property
  • Utilities Natural Gas Available, Electricity Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Seattle
  • Zipcode 98102
  • Street: Eastlake
  • Street Number: 2621
  • Street Suffix: Avenue
  • Longitude: W123° 40' 25.5''
  • Latitude: N47° 38' 38.1''
  • Directions: Take a left on Lynn from Boylston, take a right on Eastlake Ave E
  • Mls Area Major: 390 - Central Seattle
  • Street Dir Suffix: E
Neighborhood
  • High School District: Seattle
Additional Information
  • Water Source: On Property
  • Possible Use: Commercial,Multi-Family
  • On Market Date: 2023-03-06
  • Lot Features: Alley
Financial
  • Tax Annual Amount: 15454
Listing Information
  • Co List Agent Full Name: Ethan Szmania
  • Co List Agent Mls Id: 118459
  • Co List Office Mls Id: 7988
  • Co List Office Name: The Foundation Group LLC
  • List Agent Mls Id: 88118
  • List Office Mls Id: 7988
  • Listing Term: Cash Out,Conventional
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-04-22T19:12:08Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-04-22T19:09:57Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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