$1,200,000
31224-31240 28th Avenue S
Listing Type: For Sale
Property Type: Multi-Family, Specialty
Status: Pending
CBA ID#: 677095
Property Type: Multi-Family, Specialty
Status: Pending
CBA ID#: 677095
Marketing Description:
New Prime opportunity in city of Federal Way! 2 rental houses located in desirable busy Downtown w/ 3 parcels totaling .95 acre (41,236 sf) zoned RM2400 Multifamily.Great opportunity to collect rents while you develop this flat, dry land, access w/ all utilities connected (water, sewer, electricity) gas in street. Immediate access to I-5, HOV on/off ramps & conveniently close to Hwy 167, 18 w/ walking distance to shopping, FW mall, Steel Lake, restaurants & most importantly the new Sound Transit Light rail & bus station This is a remarkable opportunity, allowable usages include zero lot line townhouses, multifamily dwelling stack units, senior housing & more!This site receives good exposure with 157' of frontage on 28th Ave. & backs to I-5Land Features:
- Lot Size: 41208 SqFt
- Lot Acreage: 0.95 Acres
- Zoning: RM2400
Building Features:
- Building Size: 2540 SqFt
- Available Space: 41236 SqFt
- Number of Floors: 1
- Cap Rate: 0.00%
- Year Built: 1961
This Listing Supplied Courtesy of John L. Scott - Lake Tapps
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.
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.
