2506 S JACKSON Street, Seattle, WA 98144 (MLS # 2533213)
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Listing provided courtesy of Northwest MLS; Keller Williams Rlty Bellevue
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Freestanding commercial building on S. Jackson Street in Seattle's Central District "” one of the most actively developing corridors in the Pacific Northwest. 2,480 SF Class C storefront on 3,484 SF NC2-40 parcel with 45-ft street frontage. Built 1912. Current FAR 0.71 "” over 75% of permitted FAR untapped. Permitted FAR increases to 3.0+ under pending Centers & Corridors upzone legislation (One Seattle Plan, council vote anticipated July 2026), with anticipated rezoning from NC2-40 to NC2-55 or NC2-65. At post-upzone FAR, the 3,484 SF lot supports approximately 10,452 SF of buildable floor area "” roughly 4x the existing building. Active restaurant occupies the building, providing income to offset carry during the 18-36 month permit and entitlement window. No new ground-up construction on this block since 2018 "” a supply gap on a corridor that has seen $97.7M in permitted construction since 2020. 2,701 net new residential units added in the 98144 zip since 2020 across 77 projects. 575 units currently under active construction in 98144. One block from a 532-unit institutional mixed-use project delivered 2025. Frequent-transit corridor "” parking minimums eliminated under current code. Assessed land value $630,000 (2025 King County). Motivated seller exiting to pursue other business interests "” priced at current NC2-40 land value. Upzone optionality included at no premium. Real estate offered separately from going-concern business. Buyer to verify all zoning. View by Appt only.
| LAST UPDATED | 6/2/2026 | TRACT | Central Area |
|---|---|---|---|
| YEAR BUILT | 1912 | COMMUNITY | Central Area |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 390 - Central Seattle |
|---|---|
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, None |
| LOT | 3598 sq ft |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| STYLE | 75 - Retail |
| SUBDIVISION | Central Area |
| TAXES | 7699.13 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Business,Commercial,Industrial |
| SATELLITE VIEW |
| / | |
Properties with the 
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 6/2/26 2:08 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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