Property Photo: 10516 Lake City Way NE WA 98125

Listing Courtesy of:

Northwest MLS / Windermere Real Estate Midtown / Larry Wilcynski / Tyler Johnson

10516 Lake City Way NE Seattle, WA 98125

Active (3 Days)

$1,990,000

20,185

SQFT

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Description

Take advantage of this development project already underway in a prime Seattle location. Renew existing building permits to complete as an 18-unit apartment or explore the NC3-55 (M) zoning which offers potential for increased density. Spawned from an adaptive reuse of the Don Willis furniture store and warehouse, the existing structure and plan offers a desirable unit mix, soaring ceilings with exposed timber beams, and 26 parking stalls. Ideally located near major transit options, retail, dining, and entertainment, including the 41-acre, Northgate Station redevelopment. Save valuable time and step into a high-upside project with momentum and potential.

MLS #:
2358791

Taxes
$44,201(2024)

Lot Size
0.51 acres

Type
Multifamily

Year Built
1948

Style
10+ Units

Views
Mountain(s), Territorial

School District
Seattle

County
King County

Community
Seattle

Listed By

Larry Wilcynski, Windermere Real Estate Midtown
Tyler Johnson, Windermere Real Estate Midtown

Source
Northwest MLS as distributed by MLS Grid
Last checked Apr 19 2025 at 5:29 AM GMT+0000

Bathroom Details

Subdivision

Seattle

Lot Information

Curbs
Paved
Sidewalk

Property Features

Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Other – See Remarks

Exterior Features

Metal/Vinyl
Stone
Wood Products
Roof: Flat

Utility Information

Sewer: Available
Fuel: Electric

School Information

Elementary School: John Rogers
Middle School: Jane Addams
High School: Nathan Hale High

Additional Listing Info

Buyer Brokerage Compensation: 2

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Location

Map View | Street View

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 4/18/25 22:29. 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.