$685,000 $3,677 est/mo Sourced by Back At You

9025 46th Avenue,Seattle, WA 98118

Seattle WA, 98118

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Description

The Rainier Beach Development Site is a 6,500-square-foot lot, zoned LR3 (M2) and located in an Urban Village, and is permit-ready for 42 apartment units. The property can also be converted into a luxury townhouse development. The site is for offer at an attractive $169 per square foot with seller financing available. This transit-orientated development site requires no parking, allowing the developer to maximize the square footage of the lot. The property boasts a walk score of 81 and is within a 5-minute walking distance of the Light Rail Station, Rainier Beach Community Center, Safeway, etc. Additionally, being in an opportunity zone opens up certain tax incentives for the owner. Favorable Seller Financing Available.

Details

MLS#2181915
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site240
Listing Provided ByNorthmarq Commercial, LLC | Matt Johnston
Buying Commision3.0%

Features

ZoningLR3 (M2) / Urban Village
Acreage0.15
Property ViewYes

Market Activity 98118

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 17 minutes ago
StateWA
CountyKing
CitySeattle
Zip Code98118
Area380 Southeast Seattle
Community NameRainier Beach
School DistrictSeattle
Listing VS Median (in Rainier Beach)
Price:
$685,000
low | high
Med:
$520,999
73.941751824818% of Average
On Site:
240
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: June 20, 2024 at 11:48:29 AM PDT