FORMER FRED MEYER | SEATTLE WASHINGTON

Investment Overview

The Former Fred Meyer property presents a rare opportunity to acquire a high-profile 5.51-acre site in the heart of North Seattle’s Lake City corridor. The existing 118,095 SF structure offers flexible potential for repurposing, repositioning, or full-scale redevelopment. With NC3-55M zoning allowing a variety of commercial and mixed-use projects up to 55 feet in height, this site is ideally suited for investors, developers, or owner-users seeking a large-scale urban infill opportunity in one of Seattle’s most active growth markets.

Investment Highlights

• 5.51-acre high-visibility site on Lake City Way NE
• 118,095 SF existing building with flexible reuse potential
• Zoned NC3-55M for mixed-use or redevelopment
• Strong demographics and active growth corridor
• Easy access to I-5, SR-522, and the Eastside