MYNORTHWEST NEWS

Someone paid $56,000 for their own Seattle parking spot

Jun 5, 2022, 7:32 AM | Updated: 7:54 am

Parking Spot Sign...

Imagine paying $56,000 to secure your own parking spot. That's what one lucky buyer did in downtown Seattle recently. (Photo by Rolf Vennenbernd/picture alliance via Getty Images)

(Photo by Rolf Vennenbernd/picture alliance via Getty Images)

$56,000 for a piece of real estate in Seattle sounds pretty affordable these days. But, as KIRO Newsradio’s Lisa Brooks reports, that price isn’t for a house or a condo.

According to Redfin, somebody shelled out $56,000 for a parking spot. Yes, you read that right, a parking spot.

Granted, it isn’t just any parking spot. It’s located in Seattle’s Belltown neighborhood, within walking distance to landmarks such as Pike Place Market, Seattle Center, and the Olympic Sculpture Park. The listing says it’s large and flat (Editor’s Note: We would hope so!) and easily fits a full-sized sedan, SUV or truck.

Plus, the savvy real estate agent who sold the 130-square-foot space at 2600 2nd Ave says high speed internet is available, just in case the owner wants to work out of their car.

Seattle to adjust paid street parking rates starting March 28

The average going rate for a parking spot near Pike Place Market is around $300 per month. If our math is right, it would take a little over 15 years (not including inflation) to pay that off.

Let’s just hope somebody doesn’t park in this person’s spot unannounced.

KIRO Newsradio’s Lisa Brooks contributed to this report.

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