927 NW 57th Street, Seattle, WA 98107

$1,400,000

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Listing courtesy of KW Lake Washington So.

List Price
$1,400,000
Status
ACTIVE
MLS#
2467118
Days on Market
194
Annual Tax Ammount
11753

Property Description

Builder/Investor/Developer Alert! Exceptional opportunity for a fully entitled, permits PAID, multifamily development in one of Seattle’s most desirable rental submarkets. Ballard Urban Village approved 26-unit apartment zoned LR2 (M1). benefits from ZERO parking requirements, delivering cost savings/improved project feasibility. Approved plans for a 4-story plus basement, Type V-A construction building featuring an efficient micro-unit / SEDU program optimized for strong rent-per-square-foot performance. Unit sizes range approximately 225–330 square feet, each designed to meet or exceed Seattle code requirements for habitable space and storage. Includes indoor bike storage, shared outdoor amenity space, and thoughtfully integrated landscaping. Design Review and all SDCI permit corrections have been completed, with construction documents approved ready to issue. MHA requirements have been satisfied NO MHA FEE The architectural design features articulated façades, projecting bay windows, durable exterior materials, and residential-scaled massing that integrates seamlessly with the surrounding neighborhood. Situated near transit, major employment centers, restaurants, retail, and everyday amenities, this offering presents a rare opportunity for developers/investors seeking a shovel-ready, low-entitlement-risk apartment project in a high-demand Ballard location. All plans, approvals, and due diligence materials available upon request.

Additional Information

Community
Ballard
Style
70 - Industrial
Tax Year
2025
Potential Terms
Cash, Conventional, See Remarks
Driving Directions
From NW Market St head North on 11th Ave NW, then East on NW 57th St
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