2540 dexter ave north avenue north

Rare 9,000 SF combined opportunity in the heart of South Lake Union—2538 & 2540 Dexter Ave N offered together. Zoned LR3 (Buyer to Verify), this site presents strong potential for future redevelopment, including apartments, townhomes, or a boutique multi-unit project. At the same time, both properties are livable today with flexible use. 2538 is a duplex (2 x 1BD/1BA), and 2540 is a 2,700 SF single-family home (3BD/2.25BA), well-suited for owner occupancy, multi-generational living, or rental income while planning next steps. The elevated site captures expansive views of Lake Union, Gas Works Park, the Ship Canal, Seattle skyline, and the Cascade Mountains—a rare combination of scale, views, and location. Minutes to South Lake Union, Fremont, and Downtown, with transit, bike routes, and daily amenities nearby. A unique in-city asset offering immediate usability with long-term upside. Additional information available. Buyer to verify all development potential.