8521 Roosevelt Way NE, Seattle, WA 98115 (MLS # 2460300)
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Listing provided courtesy of Northwest MLS; Real Property Associates
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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.
| LAST UPDATED | 3/17/2026 | TRACT | Maple Leaf |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Maple Leaf |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Feb 13, '26 | $2,399,000 |
|---|---|
| Feb 13, '26 - Mar 17, '26 | $2,299,000 |
| Mar 17, '26 - Today | $2,249,000 |
| ADDITIONAL DETAILS | |
| AREA | 710 - North Seattle |
|---|---|
| HEAT | None |
| LOT | 10014 sq ft |
| LOT DESCRIPTION | Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STYLE | 43 - Comm/Industrial |
| SUBDIVISION | Maple Leaf |
| UTILITIES | Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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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 4/2/26 11:57 AM 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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