23,760 SF ASSEMBLAGE ZONED LR2

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Arthur Mills
5 years ago
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MAPLE LEAF TOWNHOUSE OR MULTI-FAMILY DEVELOPMENT

Under Construction: 6-Story Multifamily Project

2106 NE 85 TH ST SEATTLE, WA 98115 Patrick Suarez 206.

1 MAPLE LEAF TOWNHOUSE OR MULTI-FAMILY DEVELOPMENT OPPORTUNITY Under Construction: Townhouse Development Under Construction: 6-Story Multifamily Project 23,760 SF ASSEMBLAGE ZONED LR2 2020, 2024, 2100 & 2106 NE 85 TH ST SEATTLE, WA Patrick Suarez

2 Property Description Offering Urban Commercial Partners is pleased to offer 2020, 2024, 2100 and 2106 NE 85 th St for sale in Seattle s Maple Leaf neighborhood. The assemblage consists of four 5,940-square foot lots totaling 23,760-square feet with LR2 zoning. Seattle s LR2 zoning allows for a myriad of development opportunities, including townhomes and apartments. This neighborhood provides residential and multifamily housing surrounded by small businesses. It is transforming from large, empty commercial lots to multi-family structures, where typical new construction has been dense, multi-family units and townhouses. Residents enjoy easy access to Interstate 5, University of Washington and Downtown Seattle. Shopping, restaurants, entertainment and popular parks are minutes away. Site Characteristics Parcel No. City, State , , , Seattle, Washington Price $5,800,000 Price / SF (Land) $ Neighborhood Lot SF Acres 0.55 Zoning Improvements Maple Leaf 23,760 Square Feet LR2 There are currently 20-studio units, averaging 370-square feet each, generating income on the property. This allows for a developer to realize income during the entitlement process. 2 Urban Commercial Partners

Location & Neighborhood Activities Northgate Mall offers plenty of shopping and restaurant

Sand Point Country Club, Green Lake and Magnuson Park are also minutes away.

has since become a centralized point for the community.

Green Lake and Ravenna Park are also nearby.

3 Location & Neighborhood Activities Northgate Mall offers plenty of shopping and restaurant locations, as well as Regal Cinemas at Thornton Place. Sand Point Country Club, Green Lake and Magnuson Park are also minutes away. Parks Maple Leaf Reservoir Park was covered in 2014 when the City converted it to a park and has since become a centralized point for the community. It is equipped with sport courts, two ball fields and a playground. Green Lake and Ravenna Park are also nearby. Neighborhood This area provides all the comforts residents look for. Grocery stores, shopping malls, parks, activities and accessible transportation surround this neighborhood making it a very attractive location to residents. 3 Urban Commercial Partners

Transportation Light Rail Construction is

to the Roosevelt and Northgate neighborhoods.

3-minute walk away from the property location.

Bothell, University of Washington and Downtown

Car The property is situation just a block away

4 Transportation Light Rail Construction is currently underway to expand the Link light rail to the Roosevelt and Northgate neighborhoods. Bike Commuting by bike is quickly becoming Seattle s preferred method of transport. Skip rush hour traffic and lower your carbon footprint. Only minutes away from all other major neighborhoods. Metro Buses Public transportation is only a 3-minute walk away from the property location. Riders can quickly jump on bus routes running to Bothell, University of Washington and Downtown Seattle. Car The property is situation just a block away from State Route 522 which connects riders to I-5, Downtown Seattle and to the northeastern suburbs of Bothell, Woodinville and Monroe. LEGEND Street Car Line Light Rail Line Future Light Rail Line Bus Routes 4 Urban Commercial Partners

Travel Times Walk 20 minutes or less will get you to local

less will get you to University of Washington, Downtown

30 minutes or less will get you to Amazon Campus, local

Bellevue Drive 30 minutes will get you as far North as

5 Travel Times Walk 20 minutes or less will get you to local restaurants, parks and convenient stores Bike 30 minutes or less will get you to University of Washington, Downtown Seattle, South Lake Union, popular parks, and businesses Bus 30 minutes or less will get you to Amazon Campus, local universities, Downtown Seattle, Capitol Hill, Bothell, and Bellevue Drive 30 minutes will get you as far North as Snohomish, East as Issaquah and South as Tacoma 5 Urban Commercial Partners

6 Area View 6 Urban Commercial Partners

7 Patrick Suarez , 2024, 2100 & 2106 NE 85th St Seattle, WA Neighborhood View NE 85TH ST ASSEMBLAGE 7 Urban Commercial Partners

Pacific Place Transformed

SEATTLE Pacific Place Transformed MADISON MARQUETTE The Atrium Revitalized 2 Destination Downtown Pacific Place is Seattle s premier urban street retail destination. Occupying an entire city block, Pacific