10516 Lake City Way NE Seattle, WA 98125
Sold
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate Midtown / Larry Wilcynski and eXp Realty / Windermere West Metro / Tyler Johnson

  10516 Lake City Way NE Seattle, WA 98125

Sold on 08/29/2025
$1,800,000 (USD)
20,185
SQFT

Description

Take advantage of this development project already underway in a prime Seattle location. Renew existing building permits to complete as an 18-unit apartment or explore the NC3-55 (M) zoning which offers potential for increased density. Spawned from an adaptive reuse of the Don Willis furniture store and warehouse, the existing structure and plan offers a desirable unit mix, soaring ceilings with exposed timber beams, and 26 parking stalls. Ideally located near major transit options, retail, dining, and entertainment, including the 41-acre, Northgate Station redevelopment. Save valuable time and step into a high-upside project with momentum and potential.

MLS #:
2358791
Taxes
$44,201(2024)
Lot Size
0.51 acres
Type
Multifamily
Year Built
1948
Style
10+ Units
Views
Territorial, Mountain(s)
School District
Seattle
County
King County
Community
Seattle

Listed By

Larry Wilcynski, Windermere Real Estate Midtown
Tyler Johnson, Windermere West Metro
Bought with
Dmitriy Zakharin, eXp Realty
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 5 2025 at 3:54 AM PST
Bathroom Details
Subdivision
  • Seattle
Lot Information
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Other – See Remarks
Exterior Features
  • Stone
  • Wood Products
  • Metal/Vinyl
  • Roof: Flat
Utility Information
  • Sewer: Available
  • Fuel: Electric
School Information
  • Elementary School: John Rogers
  • Middle School: Jane Addams
  • High School: Nathan Hale High

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 15, 2025
Listed
$1,990,000
-
-
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Based on information submitted to the MLS GRID as of 12/4/25 19:54. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. or MLS GRID. 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.