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!
| MLS # | 2501253 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 156 |
| Listing Provided By | Realogics Sotheby's Int'l Rlty | Keith McKinney |
| Units | 1 |
|---|---|
| Zoning | Multi-Family,Residential,See Rem |
| Acreage | 0.37 |
| Property | 25027 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98144 |
| Area | 380 Southeast Seattle |
| Community Name | Mt Baker |
| Listing VS Median (in Mt Baker) | |
Price: $4,500,000 low | high Med: $899,500 On site: 156 low | high Med: 25.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98144 |
| Area | 380 Southeast Seattle |
| Community Name | Mt Baker |
| Listing VS Median (in Mt Baker) | |
Price: $4,500,000 low | high Med: $899,500 On site: 156 low | high Med: 25.5 | |