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For Sale 79 Days Online
$3,480,000
14,000 Sqft Lot
No Garage
Mt. Baker Light Rail Development Site is a 14,000 SF Corner Lot for sale. This property is an ideal development opportunity being positioned in both a qualified Opportunity Zone and Urban Village. Located on a corner lot along Rainier Ave S, this flat site zoned NC3-75 (M) allows for approximately 95 to 110 residential apartment units with some ground floor retail. Vacant, leveled, and no existing improvements.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2286151
Listed by
David W Petersen, Westlake Associates, Inc.
Chad Michael Martini, Westlake Associates, Inc.
Contact our
Rainer Valley
Real Estate Lead
John L. Scott
Phone...
Property History
Sep 03, 2024
Listed
$3,480,000
NWMLS #2286151
Apr 24, 2024
Listed
$3,480,000
NWMLS #2228237
More
Listing Details
  • Status
    For Sale
  • Price
    $3,480,000
  • Original Price
    Same as current
  • List Date
    September 3, 2024
  • Last Status Change
    September 3, 2024
  • Last Update
    November 14, 2024
  • Days on Market
    79 Days
  • Cumulative DOM
    162 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2286151
  • Listing Broker
    David W Petersen
  • Listing Office
    Westlake Associates, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $18,242 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $243 / month
  • TOTAL
    $18,485 / month

  • based on 20% down
    ($696,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    0 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    14,000 sqft Lot
  • Lot Size Source
    King County Assessor
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Alley
    Corner Lot
    Curbs
    Paved
    Sidewalk
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
    In Street
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 380
  • Number of Photos
    14
  • Last Modification Time
    Thursday, November 14, 2024 8:27 AM
  • System Listing ID
    5361233
Update Info
  • First For Sale
    2024-09-03 15:32:17
Listing details based on information submitted to the MLS GRID as of Thursday, November 14, 2024 8:27 AM. 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.
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For Sale 79 Days Online
$3,480,000  
Offer Review: Anytime
NWMLS #2286151. David W Petersen, Westlake Associates, Inc.
Map 
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.