Exceptional development parcel in West Seattle’s Alki-Admiral 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.
| MLS # | 2445402 |
|---|---|
| Listing Type | For Sale |
| Building Name | Westbay Professional Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 335 |
| Listing Provided By | WPI Real Estate Services, Inc. | Wesley Lau |
| Acreage | 0.33 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98126 |
| Area | 140 West Seattle |
| Community Name | Alki |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98126 |
| Area | 140 West Seattle |
| Community Name | Alki |