for sale multi-family redevelopment site redevelopment site ... aurora village to northgate 15th ave...

www.CenturyPacificLP.com 1201 Third Ave, Suite 1680

Seattle, WA 98101

ContactKatherine Laird 206.757.8892

[email protected]

ROOSEVELT URBAN VILLAGE Multi-Family Redevelopment Site

Accepting Offers NC3/65 22,860 SF6309 9th AVE NE

Seattle, WA 98115

FORSALE

6309 9th Ave NE


Seattle, WA 98101


[email protected]

Roos

evel

t W

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NE 64th St

NE 63rd St

9th

Ave

NE

OVERVIEWThe owners of 6309 9th Ave NE (“Owners”) are offering for sale a 22,860 SF redevelopment property (“the Property”) located on the NW corner of 9th Avenue NE and NE 63rd Street in Seattle’s busy Roosevelt neighborhood. The Property is well located and highly visible, with easy access to downtown via I-5. The Property is located within the Urban Village Overlay and Station Area Overlay districts and is a five minute walk to the new light rail station, Whole Foods, Starbucks and many restaurants and retail stores. The Property is currently used as parking for the Seattle Healing Arts office building.

SITE SUMMARY Address: 6309 9th Ave NE Seattle, WA 98115

Land Area: 22,860 SF

Parcel Number: 9221400260

Zoning: LR2 Green Lake/Roosevelt Urban Village Overlay Roosevelt Station Overlay (SAO) Proposed for C1/40 Zoning under Seattle HALA initiative

PURCHASE PRICE No price has been set for the property. The owners are seeking proposals to purchase the entire Property.

INVESTMENT SUMMARY 6309 9th Ave NE


Seattle, WA 98101

NEIGHBORHOODThe Property is located in Seattle’s Roosevelt neighborhood, two blocks from the Roosevelt Square retail center with Whole Foods, Starbucks, Dania Furniture, and several retail and food establishments. Portage Bay Cafe, Rain City Burgers, Pies and Pints and Toronado are some of the popular eating and drinking establishments nearby. Roosevelt is located between the Green Lake neighborhood and the University of Washington. Both are easy walking and biking distance away, with many transportation options as well. When the light rail station opens a few short blocks away at 12th Avenue NE and NE 65th Avenue, Roosevelt will be THE place to live and play.

LOCATION & AMENITIES The Roosevelt neighborhood is bounded on the north by 75th Avenue NE and Lake City Way, Ravenna Blvd and Interstate 5 to the west, 15th Avenue NE to the east and 60th Street NE to the south. Roosevelt is a community that has successfully blended residential and commercial uses without losing the sense of neighborhood and home. The neighborhood’s namesake, former President Theodore Roosevelt, spoke passionately about conservation and preserving our natural gifts of land and water. Situated between Green Lake to the northwest, Lake Washington to the east, and Lake Union to the south, Roosevelt is a neighborhood blessed by natural features like Ravenna Boulevard, Cowen Park, Ravenna Creek, and the Roosevelt Reservoir. Roosevelt is also one of the few neighborhoods with educational options close by from primary grades, to high school, to college.

Roosevelt has always been a neighborhood with transportation options with NE 65th and Roosevelt Way being major transportation routes for buses, bikes and walkers. The new light rail station under construction makes this neighborhood that much more attractive for residents of Seattle looking for living options that are far enough away from work to feel like home but with options for easy commutes to work. The Roosevelt neighborhood is that place.

NEIGHBORHOOD 6309 9th Ave NE


Seattle, WA 98101

9197 60

NE 65th St

NE 67th St

NE 66th St

ROOSE VELT

6309 9th Ave NE

ROOSEVELT STATION

THE PROPERTY6309 9th Ave NE

ACCESS & TRANSPORTATIONWith a “Walk Score” of 91 out of 100, and a Bike Score of 97 of 100, the Property is idea for anyone interest in walking and biking to work and play. Commuter options abound as well, with Roosevelt Avenue and NE 65th Avenue both as transportation corridors. And it is only a matter of time before getting to downtown, the University District, Husky Stadium, the Capitol Hill or even the airport is an easy light rail ride away. Some have taken to describing Roosevelt as the next Ballard, but with transportation options and Green Lake.

ROOSEVELT STATIONThe Roosevelt Light Rail Station will be located along the east side of 12th Ave NE between NE 65th and NE 67th streets. The Property is 4 blocks and a five minute walk away. The station will include a plaza with seating, public art and bike parking. Scheduled to be open for service in 2021, ride time from Roosevelt to downtown Seattle will be just 8 minutes, about 2 minutes to Northgate and approximately 45 minutes to Sea-Tac Airport. Commuters can connect to buses on NE 65th Street, 12th Ave NE and Roosevelt Way NE. Sound Transit projects approximately 8,000 daily riders will board at Roosevelt Station by 2030.

NEIGHBORHOOD 6309 9th Ave NE

Froula Playground

Cowen Park

Roosevelt Reservoir

NE 70TH ST

NE 68TH ST

NE 73RD ST

NE 72ND ST

NE 71ST ST

NE 65TH ST

NE 67TH ST

NE 64TH ST

NE 63RD ST

NE 62ND ST

NE 66TH ST

NE 69TH ST

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12TH

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NE 61ST ST

NE RAVENNA BLVD

WEEDIN PL NE

9TH

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14TH

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14TH

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8TH

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5

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Green Lake Park & Ride

486476

242316542

U District • Green LakeLake City • DowntownWedgewood • DowntownNorthgate • OverlakeNorth Seattle CC • DowntownRedmond

67

66

67

66

To U District,Downtown

373To U District,

Eastlake, Downtown

To Lake City, Jackson Park, Aurora Village

To Northgate

15TH AVE NE

64 7648

University District

Maple Leaf

Green Lake Ravenna

I-5 North

Exit 170

Roosevelt FieldSound TransitLink Light Rail

Roosevelt StationConstruction Site

FutureStationEntrance

FutureStationEntrance

Local access only

Local access only

I-5 South

Definitive Audio

MagnoliaHi-Fi

Zenith SuppliesYuen Lui Studio

Hawthorne Stereo

Derby Salon

Progressive Tech

Alexander’s Bead Bazaar

Ma Mo JewelryEvolve Organic Salon

TCA Architecture • Planning

Align Wellness

Seattle Healing Arts

Angi’s Haircuttin Parlor

Nice Nails & Spa8 Bells Winery

CPA ServicesLockhart Suver

Shell

Mia Bella

Bengal Tiger

Rain City BurgersBus StopEspresso

Dreamclinic Massage

Shefayoga

Minshew Networks

East WestBookshop

Pho Viet Anh

UFC Gym

Belle Marie Salon

Atlantic Crossing Pub

DaniaFurniture

Whole FoodsUmpquaBank

SleepCountry

WellsFargo

Barre3CenturyLink

Auto Plus

Nature Nails and Spa

Mutiny Hall

HealthMutt

Pies and PintsHappy Feet Reflexology

Roosevelt Vacuum

All Star Cleaners

The JohnsonPartnership Architects

Intercommunity Peace and Justice Center

CalvaryChristian Assembly

Puget Sound Hearing AidM’Illumino

Rowland Studio

TNT Foreign Car Seattle AutoService Center

Wedell Auto Electric

RooseveltVision

Found It

Pilates Body Fitness

Mitchell Center for Natural Healing

Discovery Shop

Hermann’s InternationalAuto Repair

Vintage CostumersEsthetic International

Econo-Mini Self StorageRoosevelt Self Storage

Safeway

Nancy Mercer N.D.

Swedish Medical Center

New Discovery School

Bank of America

Sunlight Cafe

Olympic Pizza

Hoa Salon NailsPosh Paws

The Healing Center

Rituel Bol Pho

CasaPatrón

The Scarlet Tree

RooseveltBarber Shop

WindermereJay’s Cleaners Kettlebility

Community Fitness

Die Bierstube

Savvy Nails & Spa

The Fish Store

Salvatore

Yellow Umbrella MassageRide Bicycles

RavennaDental Clinic

Avis

US Bank

Roosevelt High School

John MarshallSchool

Speakerlab

Sushi Tokyo

Marcello

See Inset See Inset

See Inset

SeeInset

Almvig’sBartell Drugs

TenThousandVillages

IndiaBistro

Spex inthe City

RoyalPalms

RooseveltDental

CaruhSalon & Spa

WaywardCoffee

Fix SalonStanline Gallery

R & R Retirement ServicesCustom Design & Engineering

Knoll Live & WorkEdge Tech RepairSlick & Manscape

Dr Susan Hankin O.D.Luata Bray, LMP

Louis Foreign Car RepairHolman’s Body & Fender

Larson’s Volvo Repair

UPSStore

Starbucks

Sport Clips

Subway TacoDelMar

Bella Cleaners

Shoe Advantage

Teddy’s Tavern Thrive CafeThe

Yogurt Way

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RestaurantRetail ShopService

Free Street ParkingFree Customer ParkingPaid Metered Street ParkingPaid Public Parking LotNo Parking (Construction Area)Park & Ride Lot

Bus RouteBike Lane

map & guiderooseveltroosevelt

map & guide

shop dine explore

rooseveltroosevelt

Brought to you by

Nestled between Seattle’s bustling University District and popular Green Lake, this historic neighborhood keeps its charm while maintaining a thriving business center. Once called the Hollywood District, the neighborhood changed its name to Roosevelt in 1927 after the main thoroughfare was renamed to honor Theodore Roosevelt. Today, whether you’re looking for the perfect home decor, or the best homemade granola, you can find it in the Roosevelt business district. The neighborhood continues to evolve. Sound Transit Link light rail opens in 2021, and will offer fast, frequent connections to Northgate, the University of Washington, Capitol Hill, Downtown Seattle, sports stadiums, Southeast Seattle and Seattle-Tacoma International Airport.

explore Roosevelt

M5 Align Wellness - align-wellness.com

J9 All Star CleanersM5 Angi’s Haircuttin ParlorP6 Avis - seattle.avis.com

H5 Bank of America - bankofamerica.com

K6 Barre3 - barre3.com

J6 Bella CleanersI6 Belle Marie Salon - bellemariesalon.com

F3 Calvary Christian Assembly - ccassembly.org

J5 Caruh Salon & Spa - caruh.com

K8 CenturyLink - centurylink.com

N6 Community Fitness - communityfitness.com

N5 CPA ServicesO5 Custom Design & EngineeringL5 Derby Salon - derbysalon.com

O5 Dr Susan Hankin O.D. - drhankin.com

J5 Dreamclinic Massage - dreamclinic.com

D6 Econo-Mini Self Storage - econoministorage.com

O5 Edge Tech Repair - edgetechrepair.com

D6 Esthetic International - skin4me.com

L5 Evolve Organic Salon - evolvehairandart.com

O5 Fix Salon - fixsalonseattle.com

J9 Happy Feet Reflexology - happyfeetreflexologyspa.com

K5 Hoa Salon Nails - hoasalon.com/Roosevelt.html

F6 Hermann’s International Auto Repair - europeanautorepairseattle.net

A5 Holman’s Body & Fender - auto-repair-seattle.com

J8 Intercommunity Peace and Justice Center - ipjc.org

J3 Jay’s Cleaners - jayscleaners.com

G1 John Marshall SchoolJ4 Kettlebility - kettlebility.com

O5 Knoll Live & Work - knolldevelopment.com

A5 Larson’s Volvo Repair - larsonsvolvorepair.com

A5 Louis Foreign Car Repair O5 Luata Bray LMP - luatamassage.com

E5 M’Illumino - m-illumino.com

I5 Minshew Networks - minshew.net

F5 Mitchell Center for Natural Healing - mitchell-center.com

B6 Nancy Mercer N.D. - bastyrcenter.org/content/view/271

J8 Nature Nails and SpaB5 New Discovery School -

newdiscoveryschool.org

M5 Nice Nails & Spa - nicenailandspa.com

D5 Pilates Body Fitness - pilatesbodyfitness.com

K5 Posh Paws - poshpawsseattle.com

L5 Progressive Tech - progressivetech.com

O5 R & R Retirement Services - randrretirement.com

P5 Ravenna Dental ClinicK5 Rituel - rituelmercantile.com

J3 Roosevelt Barber Shop - therooseveltbarbershop.com

J5 Roosevelt Dental - rooseveltdental.com

G10 Roosevelt High School - roosevelths.seattleschools.org

D6 Roosevelt Self Storage

D5 Roosevelt Vision - rooseveltvision.com

E6 Rowland Studio - rowlandphoto.com

O6 Savvy Nails & Spa - savvynailspa.com

F6 Seattle Auto Service Center - automotiveseattle.com

M4 Seattle Healing Arts - seattlehealingarts.com

I5 Shefayoga - shefayoga.com

J4 Shell - shell.us

O5 Slick & Manscape - sandmwaxing.com

J7 Sport Clips - sportclips.com

B6 Swedish Medical Center - swedish.org

N5 TCA Architecture • Planning - tca-inc.com

J5 The Healing Center - healingcenterseattle.org

J8 The Johnson Partnership Architects - tjp.us

F5 TNT Foreign CarI6 UFC Gym - ufcgym.com/roosevelt

K6 Umpqua Bank - umpquabank.com

J7 UPS Store - theupsstore.com

M7 US Bank - usbank.com

K7 Wells Fargo - wellsfargo.com

C6 Wedell Auto Electric - wedellelectric.com

J4 Windermere - windermere.com

O5 Yellow Umbrella Massage - yellowumbrellamassage.com

M5 Yuen Lui Studio - yuenluistudio.com

I6 Atlantic Crossing Pub - theatlanticcrossing.com

I5 Bengal Tiger - bengaltigerwa.com

K5 Bol Pho Bistro - bolbistro.com

I3 Bus Stop Espresso - busstopcoffee.com

J3 Casa Patrón - casapatronrestaurants.com

O6 Die Bierstube - diebierstube.com

J5 India Bistro - indiabistroroosevelt.com

B5 Marcello RistoranteJ8 Mutiny Hall - mutinyhall.com

J5 Olympic Pizza & Pasta - seattleolympic.com

I6 Pho Viet Anh - phovietanh.com

J8 Pies and Pints - piesandpints.com

I5 Rain City Burgers - raincityburgers.com

J5 Royal Palms - royalpalmseattle.com

O6 Salvatore - salvatoreristoranteitaliano.com

J6 Starbucks - starbucks.com/store/16043

J7 Subway - subway.com

K5 Sunlight Cafe - sunlightcafevegetarian.com

L5 Sushi Tokyo - sushitokyoseattle.com

J7 Taco Del Mar - tacodelmar.com

J7 Teddy’s Tavern - teddysseattle.com

J3 The Scarlet Tree - scarlet-tree.com

J7 The Yogurt Way

J7 Thrive Cafe - generationthrive.com

J5 Wayward Coffeehouse - waywardcoffee.com

Restaurants, Cafes & Pubs

N5 8 Bells Winery - 8bellswinery.com

L5 Alexander’s Bead Bazaar - alexandersbeads.com

K6 Almvig’s - almvigs.com

I8 Auto PlusK6 Bartell Drugs - bartelldrugs.com

J6 Dania Furniture - daniafurniture.com

N6 DefinitiveAudio-definitive.comF6 Discovery Shop

J6 East West Bookshop - eastwestbookshop.com

E6 Found It - founditonroosevelt.com

M5 Hawthorne Stereo - hawthornestereo.com

J8 Health Mutt - healthmuttseattle.com

L5 Ma Mo Jewelry Design - mamojewelry.com

L6 Magnolia Hi-Fi - magnoliaav.com

I5 Mia Bella - miabellaseattle.com

E6 Puget Sound Hearing Aid & Audiology - pshearing.com

O5 Ride Bicycles - ridebicycles.com

J8 Roosevelt Vacuum - rooseveltvacuumcenter.com

A6 Safeway - safeway.com

J6 Shoe Advantage - onlineshoes.com

J6 Sleep Country - sleepcountry.com

M6 Speakerlab - speakerlab.com

J5 Spex in the City - spexinseattle.com

O5 Stanline Gallery - stanlinegallery.com

J5 Ten Thousand Villages - seattle.tenthousandvillages.com

O5 The Fish Store - thefishstoreseattle.com

C5 Vintage Costumers - vintagecostumers.com

K6 Whole Foods - wholefoodsmarket.com/stores/rooseveltsquare

M6 Zenith Supplies - zenithsupplies.com

Retail Shops

Services

*source - Sound Transit and the Roosevelt Business Grouphttp://rooseveltseattle.org/wp-content/uploads/2013/11/Roosevelt-neighborhood-map.pdf


Seattle, WA 98101


[email protected]

CenturyPacific, LLLP

Materials contained in this offering are furnished solely for the purpose of considering the purchase of the property located at 6309 9th Ave NE in Seattle, Washington (the “Property”); described herein and are not to be used for any other purpose or to be made available to any other person without the express written consent of CenturyPacific, LLLP (the “Investment Team”) and the Sellers. The material is based, in part, upon information supplied by Seller and, in part, upon information obtained by the Investment Team from sources they deem to be reliable. Summaries contained herein of any legal documents are not intended to be comprehensive statements of the terms of such documents, but rather are outlines of some of the principal provisions contained therein. No warranty or representation, expressed or implied, is made by Seller, the Investment Team or any of their related entities as to the accuracy or completeness of the information contained herein. Prospective investors should make their own investigations, projections and conclusions. Interested buyers should be aware that the Seller is selling the Property in “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. It is expected that prospective investors will conduct their own independent due diligence concerning the Property, including such engineering and environmental inspections as they deem necessary to determine the condition of the Property and the existence or absence of any potentially hazardous materials used on the Property. No representations, expressed or implied, are made as to the foregoing matters by Seller, the Investment Team or any of their officers, employees, affiliates and/or agent. Information contained in this Offering Memorandum is further governed by the Property Agreement.

DISCLAIMER

for sale multi-family redevelopment site redevelopment site ... aurora village to northgate 15th ave...

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