Description
PRICE REDUCED! Great investment opportunity in an up and coming Brewery District. The property is zoned DR, which allows for a variety of uses, including up to a 90ft tall building. There are ZERO setbacks and ZERO parking requirements. Lot is very deep at 50' X 130'. There is access at the back, from alley. The real value in this property is in the land. House could provide rental income while proceeding with your plans entitlements. A Boundary Line Adjustment is being applied for. As a result, the two new lots would be 65' deep X 50' wide. This would allow the house to be sold or developed separately from the remaining vacant lot. The remaining vacant lot should accommodate 3-townhomes all offering phenomenal views.
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2BEDS
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0.15ACRES
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1BATHS
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01/2 BATHS
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768SQFT
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$612$/SQFT
Listing information ©2023 Northwest MLS. Listing courtesy of Rainier Investments.
Sold by .Description
PRICE REDUCED! Great investment opportunity in an up and coming Brewery District. The property is zoned DR, which allows for a variety of uses, including up to a 90ft tall building. There are ZERO setbacks and ZERO parking requirements. Lot is very deep at 50' X 130'. There is access at the back, from alley. The real value in this property is in the land. House could provide rental income while proceeding with your plans entitlements. A Boundary Line Adjustment is being applied for. As a result, the two new lots would be 65' deep X 50' wide. This would allow the house to be sold or developed separately from the remaining vacant lot. The remaining vacant lot should accommodate 3-townhomes all offering phenomenal views.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-20T20:14:19.44. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-20T20:14:19.44. 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.