Description
Exceptional development parcel in West Seattle's AlkiAdmiral corridor, offering a rare combination of immediate income and long-term development potential. The property's existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
Listing information ©2025 Northwest MLS. Listing courtesy of WPI Real Estate Services, Inc..
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Description
Exceptional development parcel in West Seattle's AlkiAdmiral corridor, offering a rare combination of immediate income and long-term development potential. The property's existing drive-thru coffee tenant provides steady cash flow to offset carrying costs during the entitlement. Zoned C1-55(M), the site allows for a gross buildable area of approximately 32,250 SF, accommodating 46 residential units and 23 parking stalls. Developers and owner-users alike can take advantage of the 55-foot height limit to capture potential panoramic views of Elliott Bay and the Seattle skyline. Minutes from the West Seattle Bridge, Alki Beach, and Downtown, this property offers a prime investment opportunity in a highly desirable location.
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