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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 f...inancing 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.
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MLS#
2181915
Property Type
Land
Status
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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