O W N E R / U S E R O R D E V E LO P M E N T S I T E F O R S A L E 3 0 7 B R O A D S T R E E T : : S E AT T L E , W A 9 8 1 2 1
Currently the site is an income generating investment opportunity.
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307
BROAD STREET
Two-story, 15,740 RSF building with basement storage Masonry construction, built in 1957 High visibility corner 36 parking stalls Excellent owner/user or development opportunity Walking distance to Belltown restaurants and shopping, Seattle Center and the Olympic Sculpture Park
Olympic Sculpture Park
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Fisher Plaza Seattle Center F O R M O R E I N F O R M AT I O N C O N TA C T:
Tim O’Keefe
Jesse Ottele
Cavan O’Keefe
Executive Vice President
Senior Vice President
Vice President
206.234.8700
206.292.6096
206.292.6099
[email protected] [email protected] [email protected] ©2011 Pictometry, Inc.
307
BROAD STREET SEATTLE, WASHINGTON :: 98121
FOR SALE
Site: Parcel: Zoning:
15,336 Gross Square Feet (0.35 acres) 065600 0306 City of Seattle, DMC 85 (Downtown Mixed Commercial)
Land use and zoning codes within the DMC 85 zone provide for the development of an 85’ tall mixed-use building with a floor area ratio (FAR) of non-residential development equal to 4.5 times the lot area. An FAR increase to 6 times the lot area can be negotiated through the incorporation of public benefit features and/or the transfer of development rights. Development of residential uses are unlimited within the height limit allowed. Possible development scenarios are: :: A 5-story, mixed-use building with office, residential and ground level retail :: A 7-story, 120-room hotel with ground level retail All land use development is pending Seattle DPD’s final approval. FOR MORE I N F O R M AT I O N PLEASE C O N TA C T
Tim O’Keefe
Jesse Ottele
Cavan O’Keefe
Executive Vice President
Senior Vice President
Vice President
206.234.8700
206.292.6096
206.292.6099
[email protected] [email protected] [email protected] CBRE | 1420 5th Avenue | Suite 1700 | Seattle, WA 98101 | www.cbre.com/seattle © 2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.