10400 10504 Lake City Way NE, Seattle, WA 98125 (MLS # 2490137)

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Listing provided courtesy of Northwest MLS; Westlake Associates, Inc.

PRICE $2,750,000
SIZE n/a
LOT SIZE 1.01 ac

This exceptional Meadowbrook Development Site comprises three parcels on the east side of Lake City Way NE, totaling approximately 43,957 square feet, zoned NC3-55 (M). NC3-55 (M) zoning delivers outstanding development flexibility with a 55-foot height limit (enabling efficient 5-story mixed-use structures) and 3.75 base FAR (~164,839 sq ft allowable) (Buyer to Verify), positioning the site for significant value creation through townhomes, rowhouses, apartments, ground-floor retail/commercial, or storage facility, construction yard, and many other uses. This highly visible, high-traffic corner location commands strong exposure along a major arterial, while also immediately adjacent to Meadowbrook Playfield and Community Center"”prime recreational amenities that drive residential demand . Preliminary analysis supports ~40 townhomes with covered parking or 200+ multifamily units in a mixed-use format. Sweeping eastern views over the playfield, Lake Washington, and the Cascade Mountains provide a rare competitive edge, enhancing marketability and resident appeal in one of North Seattle's most desirable neighborhoods. Proximity to operational Northgate light rail, I-5, and everyday conveniences further solidify long-term investment potential and absorption strength

LAST UPDATED 3/9/2026 TRACT Meadowbrook
YEAR BUILT 0 COMMUNITY Meadowbrook
COUNTY King STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 710 - North Seattle
HEAT None
LOT 1.0091 acre(s)
LOT DESCRIPTION Curbs, Paved, Sidewalk
MLS STATUS Active
STYLE 43 - Comm/Industrial
SUBDIVISION Meadowbrook
UTILITIES Electricity Available, Natural Gas Available
ZONING Commercial,Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/9/26 10:48 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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