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Listing provided by NWMLS, courtesy of Real Property Associates

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$2,500,000
/mo   Edit
MLS# 1563228
Lot/Land
0.336 acres
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    Description:   The MLK Apartment Site is a 14, 600 SF level lot that is prime for redevelopment. NC3P-95 (M) zoning allows for a 90k SF, 9 story mixed use bldg. This neighborhood has seen substantial growth since the Othello Light Rail station in ?09 & this apt site offers the opportunity to add an addt?l 120+ units to the area. Rendering images courtesy of Caron Architects who did the initial feas study on the property & have designed addt?l buildings in the area. Architect is avail for questions on the site.

    Utilities

    Water: Unknown
    Electricity: In Street
    Gas: In Street
    Sewer: In Street

    Location

    City: Seattle
    State: WA
    Zip Code: 98118
    Area: 380
    County: King
    School District: Seattle
    Latitude: 47.53613900
    Longitude: -122.28030700

    School

    School District: Seattle

    Lot

    Lot Sq Ft: 14,631 ft²

    Site

    Community Name: Rainier Valley
    General Zoning Classification: Commercial, Multi-Family
    Zoning Jurisdiction: City
    Road Information: Paved

    Rent

    Terms: Cash Out, Conventional

    Finance & Taxes

    Tax Expense: $11,812
    Tax Year: 2019

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    Listing provided by NWMLS, courtesy of Real Property Associates