on the market

Listings/701 Valley

701 Valley

On the Market

Price: Market

Offers Date: To be Announced

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Site Details

ADDRESS
712 Aurora Ave N Seattle, WA
PARCEL NO.
224900-0265
CURRENT BUILDING NRSF
8,860
CURRENT USE
Office Building
PARKING
20 Spaces
SITE AREA (SF)
12,152
ZONING
SM-SLU 175/85-280

Proposed Development

TOTAL PROPOSED UNITS
78
PROPOSED AVG UNIT SIZE
633 SF

Opportunity

Located in the highly desirable South Lake Union market in Seattle. 701 Valley is a premier development or owner/user opportunity.

Prime Seattle Location

  • High-visibility
  • Close to downtown, South Lake Union, and major employment centers
  • Excellent access to transit, arterials, and amenities

Compelling Opportunity

  • Existing Office Building: Great opportunity for an owner/user to find a rare free-standing building with parking and signage on Aurora with great visibility and access.
  • Multifamily Development Site: Opportunity to build a ± 78 unit apartment building steps from the offices of highly compensated employees at Amazon, Meta, Google and Amazon.

Market Drivers

  • Consistent demand in the surrounding neighborhood
  • Proximity to tech, life science, and urban residential growth
  • Walkable, amenity rich environment

Flexible existing improvements

Efficient site with favorable positioning

Potential for value add or repositioning

Location

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701 Valley

701 Valley St
Seattle, WA 98109
Units: 78 (Proposed)
Price: Market

About the Area

HIGHLY WALKABLE SOUTH LAKE UNION

South Lake Union is one of Seattle’s most vibrant and desirable neighborhoods, offering an unmatched combination of convenience, connectivity, and lifestyle. Known for its exceptional walkability, residents can step outside their door to access restaurants, cafés, grocery stores, fitness studios, and boutique retail. The neighborhood is home to major employers, including Amazon and the broader tech and life sciences hub, making for an easy commute by foot, bike, or streetcar. With Lake Union just blocks away, tenants also enjoy waterfront parks, kayaking, and scenic views, all within a short walk. This blend of urban energy, access to nature, and proximity to jobs makes South Lake Union one of the most sought after places to live in Seattle.

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Exclusive Listing Brokers

Call/Text: 206.414.8575

Call/Text: 206.665.3272