sold

Listings/Forge Development Site

Forge Development Site

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Sold – $5,140,000

This listing has closed. Please view our Listings page to view apartment buildings and development land currently available.

Executive Summary

Forge Development Site offers the opportunity to acquire a site with permits in hand for a high-quality and thoughtfully-designed apartment community.

Entitlements were completed by Pryde + Johnson, an experienced developer with over 30 years combined experience and 20+ completed projects.

The developer has left room for flexibility: plans exist to add three additional units at minimal cost. At present, the top-notch design features large units and enables the possibility of a condo exit.

Site Details

Location
Fremont
Address
4035 Stone Way N, Seattle, WA 98103
Major Street Exposure
Stone Way N
Parcel Number
397540-0385
Site Size
13,600 SF
Zoning
NC2P-40

Development Details

Project Architect
Clark | Barnes
Proposed Development
Forge Apartments
Height
40'
Units
48 Residential + 2 Commercial
Master Use Permit
Issued 12/05/2017
Building Permit
Issued 3/07/2018

Opportunity

Forge is truly a shovel-ready development site. Permitted by an experienced developer, the property’s buyer can start demolition immediately — without the risk of entitlement delays.

Forge is located on a highly-visible corner lot in the coveted Fremont neighborhood, minutes from desirable employers, trendy restaurants and bars, and all the amenities that Seattle’s discerning tenants seek.

Strong access to jobs combined with one of the smallest development pipelines in Urban Seattle makes Fremont more resilient than other Seattle neighborhoods.

Ready to Go

Ideal Location

Resilient Market

Location

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Forge Development Site

4035 Stone Way N
Seattle, WA 98103
Units: 48
Price: $5,140,000

About the Area

Perhaps they named it “Stone Way” because you can’t throw a stone without hitting one of Seattle’s hot spots.

On the Block: There’s no place like home for Forge residents — why leave the block when you can meet almost every need right here?

Travel Time: Whether you walk, bike, bus, or drive, Forge is just minutes from “Live – Work – Play” essentials that residents demand.

Neighborhood Amenities: Straddling Fremont and Wallingford, Forge has unmatched proximity to local shops and top-notch bars and restaurant.

Access to Employment Centers: Forge is the nerve center for easy access to Seattle’s thriving employment centers, minutes from top employers such as Google, Adobe, Facebook, Amazon, Oracle, and the University of Washington.

90

Walk Score

85

Bike Score

63

Transit Score

35

Median Age

$105,000

Average Income

Contact Us

Exclusive Listing Brokers

Dylan Simon, Jerrid Anderson, and Matt Laird are exclusively representing the Seller in the sale of 4035 Stone Way N.

Direct: 206.414.8575

       
       

Direct: 425.736.5516