Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description