8500 14th Ave S, Seattle, WA 98108

Discover a remarkable opportunity to invest in Seattle's vibrant South Park neighborhood with this prime commercial property, ideally located at the bustling corner of 14th St and Cloverdale St. Spanning a generous 10,500 sqft, this site presents a dual-purpose investment prospect, suitable for its current use or envisioned for an ambitious new development.Thanks to its NC3P-55 (M) zoning, this property boasts the potential for a transformative development project. According to a feasibility study, the site can accommodate a dynamic multi-unit residential build, comprising 40+ units, with each unit offering an efficient and modern living space of approximately 600 square feet. This presents an ideal scenario for developers aiming to tap into the residential market with a large-scale apartment complex.Alternatively, for those looking to explore a different avenue, the property offers the capacity for the creation of 14+ stylish townhomes. This option provides an attractive proposition for developers and investors seeking to cater to families or professionals desiring the blend of city living with the charm and comfort of a townhome.Situated in an area known for its growth and development, this property is not just a plot of land but a canvas for innovation and creativity. Whether the vision is to maintain the site's current utility or to embark on a new development venture, the possibilities are vast and filled with potential.Take advantage of this unparalleled investment opportunity in one of Seattle’s most promising neighborhoods, where your vision can become the next landmark development.