1821 E Howell Street in Seattle

Madison Valley redevelopment opportunity offering multiple paths for value creation in a prime location surrounded by continued growth, investment, and strong neighborhood demand.For buyers not pursuing immediate ground-up development, the existing structure presents compelling potential. A thoughtful renovation and reconfiguration may create two separate residential units, offering an owner/user setup, income opportunity, or long-term hold while preserving future redevelopment options.For larger-scale redevelopment, the property is zoned NC2-75 (M1), allowing exciting mixed-use possibilities with heights up to 75 feet. Ideal for developers, assemblage buyers, investors, or those seeking long-term upside.Situated on an approx. 4,030 SF lot, the site may support a variety of concepts, including residential above ground-floor commercial or amenity space, subject to buyer verification, design review, and permitting. Preliminary planning suggests approximately 20,000–28,000 SF of gross b

This listing is provided courtesy of NWMLS, contributed by Windermere Mercer Island.

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