Provided by NWMLS, Bought with Best Choice Realty LLC and Listed by Windermere Real Estate Co.
Sold
4750 University Way NE
Seattle WA, 98105
$3,500,000
$287.31 per sqft
Sold
12,182 sqft
Multi-family
Built in 1958
Unique investment/redevelopment opportunity in prime University District location revitalized by new light rail 2 blocks away. Striking 12000 SF mid-century mixed-use building on "the Ave" by architect Samuel Morrison comprises 18 vintage open 1BR apartments and 3500 SF boutique retail space, once home of Academy of Classical Ballet, run by Irene Larson of NY City Ballet, and of Jun Fan Gung Fu Institute, martial arts school of fighter, teacher and philosopher Bruce Lee. Recapitalize and renovate the property for cash flow in thriving sub-market with focused, high demand renter base or develop in accordance with N3P-65 (M1) zoning. Steps from new mixed-use Safeway valued at $90M & adjacent 24-story M Tower, both by LA-based Fields Holdings.
1872358
MLSⓇ ID
December 15, 2021
Listed
March 21, 2024
Updated
Map
4750 University Way NE
Seattle WA, 98105
Interior Features
Total Stories
4
Fireplace
No
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
Brick, Cement/Concrete, Metal/Vinyl, Stone
Lot Features
Alley, Curbs, Paved, Sidewalk
Roof
Flat, Torch Down
Sewer
Sewer Connected
School Information
School District
Seattle
High School
Lincoln High
Elementary School
Green Lake
Other Property Details
Area Name
710 - North Seattle
Taxes
$42,301
Tax Frequency
Annually
Garage
No
Parking Total
1
View
Yes
View Description
Territorial
County
King
Water Source
Public
Pool
No
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/26/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered 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. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Northwest Multiple Listing Service all rights reserved.
Data last updated on 4/26/2024 at 1:00 AM UTC