2600 Elliott — Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Seattle, WA 98121
  • Size: 28,800 SF

Photos

2600 Elliott — Sale in Seattle, WA, photo 1 of 8
2600 Elliott — Sale in Seattle, WA, photo 2 of 8
2600 Elliott — Sale in Seattle, WA, photo 3 of 8
2600 Elliott — Sale in Seattle, WA, photo 4 of 8
2600 Elliott — Sale in Seattle, WA, photo 5 of 8
2600 Elliott — Sale in Seattle, WA, photo 6 of 8
2600 Elliott — Sale in Seattle, WA, photo 7 of 8
2600 Elliott — Sale in Seattle, WA, photo 8 of 8

Description

JLL has been exclusively retained for the sale of 2600 Elliott Avenue (the "Property" or "Site"), a 28,800 square-foot (0.66 acre) development opportunity in the heart of Seattle's Belltown neighborhood. Zoned DMR/C-145/75, the site presents a unique opportunity for multi-family or mixed-use development in one of Seattle's most dynamic urban neighborhoods. Seattle's recently approved Housing Opportunities Program includes a temporary three-year rezone for Belltown that increases height limits by 100 feet in DMR zones, creating enhanced development potential as the city works toward a permanent Downtown Subarea Plan. The adjacent property at 2601 Elliott Avenue has been designated as a Seattle landmark, ensuring that no future development can obstruct sightlines, permanently protecting views for top-floor units at 2600 Elliott Avenue. This landmark designation provides a rare and valuable amenity that enhances the long-term desirability and marketability of upper-level residences. 2601 Elliott and 2600 Elliott currently share some common ownership. In addition, the Property is currently improved with an existing parking garage which generates approximately $16.5K in revenues per month for ownership. Please refer to the virtual deal room for additional information on parking garage economics. The Site's prime location provides residents with walkable access to a diverse employer ecosystem and positions them within a 20-minute commute to the Eastside's largest employment drivers. Future residents will benefit from Belltown's amenity-rich environment, with abundant entertainment, dining, and retail establishments immediately surrounding the Property. Its proximity to regional thoroughfares including Elliott Avenue, SR-99, and I-5 seamlessly connects the Property to the broader Puget Sound region, while the neighborhood's strong demographic profile underscores sustained demand for quality housing in this urban core location.

Market Context

This land in Seattle, WA is listed for sale across 28,800 SF. Compare it against other land listings for sale in Seattle, WA — view the full market.

Contact

Explore this market

Similar Commercial Land for Sale in Seattle, WA