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    University District
    Contact Us
    18  Photos publicLocation signpostStreetView directionsDirections mapMain Map
    For Sale 11 Days Online
    $2,999,950
    7,440 Sqft Lot
    No Garage
    5520 University Way NE Seattle WA 98105
    Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!
    Offer Review
    Will review offers when submitted
    Listing source NWMLS MLS #
    2345797
    Listed by
    Mary Pong, COMPASS
    Photo 1 5520 University Way NE Seattle WA 98105
    Photo 2 5520 University Way NE Seattle WA 98105
    Photo 3 5520 University Way NE Seattle WA 98105
    Photo 4 5520 University Way NE Seattle WA 98105
    Photo 5 5520 University Way NE Seattle WA 98105
    Photo 6 5520 University Way NE Seattle WA 98105
    Photo 7 5520 University Way NE Seattle WA 98105
    Photo 8 5520 University Way NE Seattle WA 98105
    Photo 9 5520 University Way NE Seattle WA 98105
    Photo 10 5520 University Way NE Seattle WA 98105
    Photo 11 5520 University Way NE Seattle WA 98105
    Photo 12 5520 University Way NE Seattle WA 98105
    Photo 13 5520 University Way NE Seattle WA 98105
    Photo 14 5520 University Way NE Seattle WA 98105
    Photo 15 5520 University Way NE Seattle WA 98105
    Photo 16 5520 University Way NE Seattle WA 98105
    Photo 17 5520 University Way NE Seattle WA 98105
    Photo 18 5520 University Way NE Seattle WA 98105
    Contact our
    University District
    Real Estate Lead
    John L. Scott
    Phone...
    Email...
    Request a Property Tour Ask a Question Schedule a Call
    Property History
    Mar 23, 2025
    Listed
    $2,999,950
    NWMLS #2345797
    More
    Listing Details
    • Status
      For Sale
    • Price
      $2,999,950
    • Original Price
      Same as current
    • List Date
      March 23, 2025
    • Last Status Change
      March 23, 2025
    • Last Update
      March 28, 2025
    • Days on Market
      11 Days
    • Cumulative DOM
      11 Days
    • $/sqft (Total)
      --
    • $/sqft (Finished)
      /sqft
    • Listing Source
      NWMLS
    • MLS Number
      2345797
    • Listing Broker
      Mary Pong
    • Listing Office
      COMPASS
    Monthly Payment Estimate
    • Principal and Interest
      $15,726 / month
    • Property Taxes
      $1,835 / month
    • Homeowners Insurance
      $217 / month
    • TOTAL
      $17,778 / month

    • based on 20% down
      ($599,990)
    • and a
      6.85% Interest Rate
    • About:
      All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
    Property Details
    • Sqft (Total)
      0 sqft
    • Sqft (Finished)
      0 sqft
    • Sqft (Unfinished)
      None
    • Property Type
      Parcel
    • Sub Type
      Comm/Industrial
    • Bedrooms
      Bedrooms
    • Bathrooms
      0 Bathrooms
    • Lot
      7,440 sqft Lot
    • Lot Size Source
      Realist
    • Lot #
      9-10
    • Project
      Turner H S & Cos University
    • Total Stories
      Unspecified
    • Sqft Source
      Unspecified
    Property Tax Info
    • 2024 Property Taxes
      $22,021 / year
    • No Senior Exemption
    Public Parcel Data & Maps
    Schools
    • School District
      Seattle
    • Elementary
      Unspecified
    • Middle
      Unspecified
    • High School
      Unspecified
    HOA
    • HOA Dues
      Unspecified
    • Fees Assessed
      Unspecified
    • HOA Dues Include
      Unspecified
    • HOA Contact
      Unspecified
    • Management Contact
    Parking
    • Covered
      Unspecified
    • Has Garage
      No
    Views
    • Territorial
    Construction
    • Home Builder
      Unspecified
    Cooling
    Heating
    Interior
    Property
    • Lot Features
      Curbs
      Open Space
      Paved
      Sidewalk
    Appliances
    Terms
    • 3rd Party Approval Required)
      No
    • Bank Owned (REO)
      No
    • Complex FHA Availability
      Unspecified
    • Potential Terms
      Cash Out
      Conventional
    Utilities
    • Sewer
      In Street
    • Water Source
      Available
      In Street
    Additional Info
    • Waterfront
      No
    • Air Conditioning (A/C)
      No
    • Buyer Broker's Compensation
      2.5%
    • MLS Area #
      Area 710
    • Number of Photos
      18
    • Last Modification Time
      Friday, March 28, 2025 1:09 PM
    • System Listing ID
      5413208
    Update Info
    • First For Sale
      2025-03-23 10:58:58
    Listing details based on information submitted to the MLS GRID as of Friday, March 28, 2025 1:09 PM. 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.
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    For Sale 11 Days Online
    $2,999,950  
    Offer Review: Anytime
    NWMLS #2345797. Mary Pong, COMPASS
    Map
     
    Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
    Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.