Development Opportunity in the heart of Rainier Beach! Use current plans or design your own. This parcel is zoned Multi Family with MHA LR3 + SM-RB 85 zoning in a HALA opportunity zone. Plans have been completed and ready to submit for permits. City has confirmed one single building can be constructed with 2 heights. City has confirmed FAR ratio in writing. Rent the existing structure while design takes place! M2M tenant currently. The 14,555 sf lot borders two main thoroughfares and zoning supports a Residential Tower. At 55 - 85 feet high, there are views of downtown Seattle and Lake Washington. This parcel sits a block away from the Link light rail, parks and and more. Here is your chance to be a part of the new Rainier Beach.
Listing details based on information submitted to the MLS GRID as of Friday, December 6, 2024 5:48 PM.
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