FORMER FRED MEYER | SEATTLE WASHINGTON

Located along Lake City Way NE—one of North Seattle’s primary commercial corridors—the property offers exceptional visibility and accessibility between downtown Seattle and the Eastside. The site is surrounded by a vibrant mix of retail, dining, and residential development, with convenient access to I-5, SR-522, and SR-520. The surrounding Lake City neighborhood continues to experience significant growth and revitalization, driven by its urban amenities, proximity to Lake Washington, and strong demographic base. Within minutes are major employment centers, parks, and transit routes connecting to the University District, Northgate, and downtown Seattle.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.