$2,455,200
2316 Franklin Avenue E
Listing Type: For Sale
Property Type: Land
Status: Available
CBA ID#: 676121
2316 Franklin Ave E
Seattle, WA 98102

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Commercial Property

Marketing Description:

***SEPARATE OFFERS ARE DUE FOR EACH PARCEL/PROPERTY. Located in one of Seattle’s most desirable neighborhoods, 2316 & 2318 Franklin Avenue E is an assemblage of two parcels of land for sale. Each parcel has an existing single family residence on it. This redevelopment opportunity, with its flexible zoning code of LR3 (M), will allow for an apartment building, townhomes, or rowhouses to be built. This site is part of Seattle’s Urban Village designation, so no parking is necessary and has a height allowance of 50 feet. The combined lot size is 11,550 square feet with an FAR of 2.3. Buyer to verify all information and conduct its own feasibility.

Land Features:

  • Lot Size: 6621 SqFt
  • Lot Acreage: 0.152 Acres
  • Zoning: LR3(M)

Building Features:

  • Building Size: 1490 SqFt
  • Available Space: 6600 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Year Built: 1901
This Listing Supplied Courtesy of Westlake Associates, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity