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Brett Bonner

brettbonner@brettbonner.com +1(253) 606-0578

Listed by:Realogics Sotheby's Int'l Rlty • Keith McKinney

$ 4,500,000

Est. payment | -/mo

0.37 Acres Lot

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$ 4,500,000

Est. payment | -/mo

Save Virtual Tour

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 Axis/Caron Architecture envisioning the development of a 5-8-story building housing up to 125 MF or Condominium units. Recent zoning 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

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Brett Bonner

MANAGING BROKER/REALTOR® | Lic# 27156

brettbonner@brettbonner.com

+1(253) 606-0578

111 Tumwater Blvd. Southeast Unit A 109, Tumwater, WA 98501, USA

3207 Rainier AVE S Seattle, WA 98144

Brett Bonner

Key Details

Location

Interior

Exterior

Building

Others

3207 Rainier AVE S