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Listed by:Realogics Sotheby's Int'l Rlty • Keith McKinney
$ 4,500,000
Est. payment | /mo
0.37 Acres Lot
$ 4,500,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Mt Baker
MLS Listing ID 2501253
Style 60 - Comm Bldg Und 10K
Year Built 1955
Annual Tax Amount $25,027
Lot Size 0.372 Acres
Lot Dimensions Rectangular
Property Sub-Type Commercial Industrial
Property Description
These strategically positioned parcels with leased 3384sf office building offer a unique opportunity to develop a Middle Housing, Multifamily or Mixed-use project adjacent to the Mount Baker light rail station. Combined, these fully fenced parcels total 16,200sf and are situated within the popular Mount Baker neighborhood. The impressive growth in the area is a testament to the site's exceptional location and proximity to Seattle's employment centers. Zoned SM-NR 95 (M), a feasibility study has been conducted by Caron Architecture envisioning the development of an 8-story building housing up to 125 multifamily units. Recent Middle Housing zone upgrades have increased the opportunity to develop affordable housing alternatives on this site also. Sale and Lease-Back terms are negotiable so don't miss this!
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Fireplace false
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://drive.google.com/file/d/1FSLBUEXaEPeI4Klz1rtqx4thbvHRLIEC/view
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634