Bought with ZNonMember-Office-MLS
$3,100,000
$3,200,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 05/09/2019
Key Details
Sold Price $3,100,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Greenwood
MLS Listing ID 1385639
Sold Date 05/09/19
Style 43 - Comm/Industrial
Annual Tax Amount $19,140
Lot Size 0.433 Acres
Property Sub-Type Land
Property Description
Drive by only, do not enter onto property or contact staff! 26 unit motel bordering the Greenwood and Greenlake. Rare opportunity to acquire a business producing great cash flow, land bank or redevelopment potential. Large 18,870 Sq.Ft. lot zoned C1-40. HALA proposed up zone to NC3-75 with a FAR of 5.50. Increased density and height will allow an investor to capitalize and leverage this convenient and affordable location minutes from the SLU. Proposed HALA upzone could allow up to 200 units.
Location
State WA
County King
Area _705Ballardgreenlak
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Available
View Y/N No
Garage No
Building
Sewer Available
Water Available
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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