Provided by NWMLS, Listed by Charity Hill, 888-317-5197 at eXp Realty

$2,350,000

5721 35th Avenue S, Seattle WA, 98118

Price per sqftN/A

Property typeCommercial

Overview

Active

Listed May 11, 2026

Updated 2 weeks ago

Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.

Additional information

MLS^® ID: 2562660

Interior Features

Basement: No

Exterior Features

Lot Size: 0.67 Acres

Other Property Details

Taxes: $14,852
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Listed by Charity Hill, 888-317-5197 at eXp Realty

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/19/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/19/2026 at 6:12 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data last updated on 9/19/2026 at 6:12 AM UTC

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