8521 Roosevelt Way NE

Seattle, WA 98115

Prime Maple Leaf commercial corner lot offering a rare and strategic repositioning or redevelopment opportunity in one of Seattle’s most sought-after neighborhoods. The property features a 4,944 SF retail/warehouse/storage building plus approximately 5,000 SF of secured, fenced parking — creating immediate value for owner-users including restaurants, cafés, creative studios, service businesses, medical offices, and more. Zoned NC2P-55(M), this high-potential site is well positioned for mid-rise mixed-use development. Preliminary architectural analysis indicates potential for a 5–6 story mixed-use project with approximately 50–60 residential units above ground-floor commercial, or an alternative townhouse configuration offering expansive territorial, city, Bellevue, and Lake Washington outlooks (buyer to verify all development capacity and feasibility). Positioned near one of Seattle’s highest elevation points, the site offers expansive territorial, city, Bellevue, and Lake Washington outlooks. Seller may consider financing with a substantial down payment, providing added flexibility for qualified builders and investors.

Courtesy of NWMLS
Listing courtesy of Grecia Thomas of Real Property Associates



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Last checked: 2026-02-25 12:54 AM PST