MLS Number 1789158
- Commercial Sale
- Acreage 0.23
- Year Built 1905
DEVELOPMENT OPPORTUNITY IS WELL-SUITED FOR A DEVELOPER LOOKING TO LEVERAGE THE ACCESSIBILITY OF THE LIGHT RAIL STATION MERELY 500 FEET FROM THIS SITE. Construction design is approved. With the very close proximity of this site to the light rail station benefiting this community’s residents. A quarter-mile nearby's newly completed Contempo by Intracorp w/ 58 townhomes recently selling $750K at $478 per SF. Next door is NW Kidney Center. The developer of this site may benefit from property values of recently-completed projects beginning to rival values in Rainier Valley & Columbia City & in advance of a number of proposed projects, including 120 apt units, 44 townhomes & 42 efficiency units – anticipating strong demand from light rail usage.
Listed by Jonathan Nicoli of CENTURY 21 Real Estate Center