1611 Olive Way, Seattle, WA 98102

2 Retail Properties Offered at $7,699,000 in Seattle, WA

Asking Price $7,699,000

Property Type
Retail

Listing Contacts

Property Overview

NAI Puget Sound Properties is pleased to exclusively offer for sale the 110 Summit Ave E and 1611 E Olive Way development site, located
in the heart of the retail/commercial core of the Capitol Hill neighborhood of Seattle. The site presents a unique development opportunity
in one of the most desirable neighborhoods in both Seattle and the greater Puget Sound region. It is located on a major commercial
corridor in a high-density and vibrant community and offers corner locations with street frontage on two sides, allowing maximum natural light and great view potential.
The property is near the Capitol Hill Link Light Rail and Seattle Streetcar stations, in addition to numerous bus routes in close
proximity. Only two neighborhoods in the Seattle area are accessible by all 3 major transportation systems. This transit-oriented location
provides excellent access to nearby employment centers such as the Seattle Central Business District, South Lake Union, the
University of Washington main campus and hospital, and the First Hill medical community. In addition, the property is near Cal Anderson
Park, which is the hub of the local community.

Highlights

  • Total Assemblage – 12,850 SF
  • Current Zoning: 110 Summit Ave E - NC3-75 (M); 1611 E Olive Way – NC3P-75 (M)
  • Shape & Frontage: The assembled sites are a triangular configuration
  • Topography: The site slopes gently downward from east to west
  • Utilities: All necessary utilities appear to be available to the site

FAQ

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