Development Opportunity in the heart of Rainier Beach! Use current plans or design your own. This parcel is zoned Multi Family with MHA LR3 + SM-RB 85 zoning in a HALA opportunity zone. Plans have been completed and ready to submit for permits. City has confirmed one single building can be constructed with 2 heights. City has confirmed FAR ratio in writing. Rent the existing structure while design takes place! M2M tenant currently. The 14,555 sf lot borders two main thoroughfares and zoning supports a Residential Tower. At 55 - 85 feet high, there are views of downtown Seattle and Lake Washington. This parcel sits a block away from the Link light rail, parks and and more. Here is your chance to be a part of the new Rainier Beach.
Property Type(s):
Single Family
|
Last Updated
|
4/23/2024
|
Tract
|
Rainier Beach
|
|
Year Built
|
1917
|
Community
|
Rainier Beach
|
|
County
|
King
|
SCHOOLS
| School District |
Seattle |
| Elementary School |
Buyer To Verify |
| Jr. High School |
Buyer To Verify |
| High School |
Buyer To Verify |
Additional Details
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| AREA |
380 - Southeast Seattle |
| BASEMENT |
Finished, Yes |
| BUYER'S BROKERAGE COMPENSATION |
2.5% |
| CONSTRUCTION |
Wood Siding |
| EXTERIOR |
Garden |
| HEAT |
Electric, Forced Air, Natural Gas |
| INTERIOR |
Hardwood, Wall to Wall Carpet, Water Heater |
| LOT |
0.3341 acre(s) |
| LOT DESCRIPTION |
Value In Land |
| PARKING |
Off Street |
| STORIES |
2 |
| STYLE |
18 - 2 Stories w/Bsmnt |
| SUBDIVISION |
Rainier Beach |
| TAXES |
7287 |
| UTILITIES |
Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Lake |
| WATER |
Public |
| ZONING |
LR3 (M2) |
Location
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/19/24 6:17 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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This IDX solution is (c) Diverse Solutions 2024.
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