3
See all 3 photos
Listed by:Keller Williams Realty Bothell • Mary Devino
$2,300,000
Est. payment /mo
2,783 Sqft Lot
New
6509 Roosevelt WAY NE Seattle, WA 98115
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Roosevelt
MLS Listing ID 2576935
Style 75 - Retail
Year Built 1950
Annual Tax Amount $14,465
Lot Size 2,783 Sqft
Property Sub-Type Commercial Industrial
Property Description
Rare Roosevelt investment opportunity in Seattle's light-rail growth corridor. 6509 Roosevelt Way NE is a 2,450 SF restaurant building on a 0.06-acre lot zoned NC3P-95(M) — one of the tallest height allowances in the neighborhood, permitting future multi-story mixed-use development. Long-established, highly rated Bengal Tiger Cuisine of India remains in place as tenant, delivering immediate income while you hold for redevelopment. Steps from the Roosevelt Link light rail station, in a submarket actively being rebuilt with new multifamily and mixed-use towers under Seattle's rezone. Perfect for investors, developers, or 1031-exchange buyers wanting a stabilized cash-flowing restaurant property today and a build-to-95' upside tomorrow. Rare combination of location, land, and long-term value in Seattle commercial real estate.
Location
State WA
County King
Area 710 - North Seattle
Interior
Fireplace false
Building
Sewer Sewer Connected
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.