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  1. Commercial Properties
  2. WA
  3. Seattle

700 NE 45th St

For Sale

700 NE 45th St, Seattle, WA 98105

The 0.33-acre site benefits from approved land-use entitlements, including Design Recommendations and an issued Master Use Permit (MUP), substantially reducing entitlement risk. Land Use Application to allow an 8-story, 29-unit apartment building and a seller-reported 202-bed housing program.

Property Highlights:
• 0.33-acre development site
• SM-U 95-320 (M1) zoning
• MUP issued
• Base FAR of 4.75
• No parking proposed
• Near the University of Washington, University Village, Wallingford, Fremont, and U District Station

The property is positioned within one of Seattle's most active urban housing markets and is supported by major educational, healthcare, technology, and life science employment centers. The University District continues to benefit from strong housing demand, regional transit connectivity, and ongoing investment throughout the surrounding neighborhood.

For additional information and due diligence materials, contact Colliers' listing brokers:
Sam Wayne (206) 351-7656
Chris Hardman (415) 259-8241
Sean Baird (727) 450-6158
Jon Holt (727) 743-7432

Building Details

  • For Sale Price on request
  • Property Type Land - Multifamily (land)
  • Lot Size 0.33 Acre
  • Zoning SM-U 95-320 (M1)
  • Additional Rent Price on request
  • Date Updated Jun 23, 2026
  • Visibility/Traffic Count (VPD) 31,397
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Reed Gustavsen

Colliers

Associate

broker
Sam Wayne
broker
Chris Hardman

Location

  • City Seattle, WA
  • Neighborhood University District
  • Zip Code 98105
  • Market Seattle
  • Map
  • Street
  • Walk score 95/100 Walker's Paradise
  • Transit score 82/100 Excellent Transit
  • Bike score 84/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Brooklyn Avenue & 45th Street

0.29 miles

U District

0.30 miles

43rd Street & Brooklyn Avenue

0.31 miles

Fairview & Campus Drive

2.41 miles

Westlake & Mercer

2.72 miles

Terry & Mercer

2.75 miles

Terry & Thomas

2.89 miles

Northgate

2.89 miles

Broadway East & East John Street

2.89 miles

Westlake & Thomas

2.91 miles

University Chevron

0.11 miles

Shell

0.16 miles

Wallingford Shell

0.30 miles

7-Eleven

0.42 miles

Legrand

0.97 miles

Tesla Supercharger

0.99 miles

76

0.99 miles

Electrify America

1.10 miles

Chevron

1.35 miles

ChargePoint

1.42 miles

UW Tower Garage B

0.21 miles

UW Tower Garage A

0.22 miles

Lot 3

0.34 miles

N28

0.37 miles

West Parking Lot

0.38 miles

University Heights Center South Parking Lot

0.40 miles

North Parking Lot

0.42 miles

University Heights Center North Parking Lot

0.44 miles

W42

0.46 miles

N01

0.46 miles

Shell Car Wash

0.17 miles

Enterprise

0.63 miles

Budget

0.77 miles

Circle K

1.01 miles

Zipcar

1.73 miles

Circle K Car Wash

1.73 miles

Brown Bear Car Wash

1.98 miles

Pacific Auto Detail

2.01 miles

Hertz

2.54 miles

Final Touch Detail

2.74 miles

Tian Fu Old Town

0.10 miles

Subway

0.14 miles

Fitchi House

0.16 miles

Shawarma Time

0.18 miles

Angkor Wok

0.18 miles

Ice Monster

0.20 miles

Tavern 12

0.22 miles

Pudge Bros. Pizza

0.23 miles

Hiroshi's Poke

0.24 miles

Djan's

0.24 miles

Urban Mart

0.07 miles

Trader Joe's

0.14 miles

Safeway

0.35 miles

H Mart

0.39 miles

District Market

0.51 miles

Wallingford Center

0.72 miles

QFC

0.72 miles

Whole Foods Market

0.96 miles

PCC Community Market

1.31 miles

Marketime

1.37 miles

Outpatient Pharmacy

0.21 miles

UW Medical Center - Roosevelt

0.25 miles

Seattle Fire Station No. 17

0.31 miles

Planned Parenthood

0.31 miles

Indigo Urgent Care

0.35 miles

Seattle Orthopedic Center

0.43 miles

University of Washington Center for Anxiety and Trauma Stress

0.57 miles

CVS Pharmacy

0.60 miles

University of Washington Police Department

0.61 miles

Cascadia Pharmacy

0.72 miles

Listing Summary

  • What is the asking price at 700 NE 45th St?

    The asking price for 700 NE 45th St is currently available on demand. Contact the listing broker for details.

Contact Reed Gustavsen
broker
Reed Gustavsen

Colliers

Associate

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