Eastlake Development Site
Westlake Associates, Inc. is proud to present 2810 Eastlake Ave E for sale. Situated on a 15,629 square foot corner lot in Seattle’s thriving Eastlake neighborhood, 2810 Eastlake Ave E presents investors with the rare opportunity to acquire a prime redevelopment site zoned NC3P-55 (M) in a location with historically high rents, occupancy, and value appreciation.
A Feasibility Study provided by b9 Architects shows potential for a six story, mixed-use redevelopment with 92 apartments (averaging 430 square feet) over 4,200 square feet of ground level retail and a large parking garage, along with a rooftop deck to capture the stunning southwest views of Lake Union and the Seattle Skyline.
2810 Eastlake Ave E is perfectly located in the middle of the largest employment centers in the Puget Sound Region- the University of Washington to the north, and the South Lake Union tech hub to the south, which is home to Amazon, Facebook, Google, and the Gates Foundation to name a few. With it’s quaint collection of shops, restaurants, and bars, and close-in access to Lake Union and downtown, Eastlake is uniquely positioned to capitalize on the consistent and growing demand for high-end, luxury apartment units with easy access to all areas of the city.