The current building is made up of 9,795 square feet of office space and sits on a 30,266 square foot lot zoned NC3-75 (M). The property has long term tenants that are mostly month-to-month providing a developer with income on the property while pursuing permits to eventually develop on the property. The property is well situated for development as it is a corner lot with frontage to Erickson Pl NE, NE 135th St, and Lake City Way NE. The property has a 5.5 Floor Area Ratio (FAR) and a 75 foot height limit making the total development potential of the site about 166,463 gross square feet.
This listing is provided courtesy of NWMLS, contributed by Paragon Real Estate Advisors.
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