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For Sale 10 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
NWMLS Listing #
2228237
Listed by
David W Petersen, Westlake Associates, Inc.
Deena Loveland, PRO RLTYSRVCS Eastside
Contact our
Rainer Valley
Real Estate Lead
Wicklund Real Estate
Phone...
Property History
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
    April 24, 2024
  • Last Status Change
    April 24, 2024
  • Last Update
    April 24, 2024
  • Days on Market
    10 Days
  • Cumulative DOM
    11 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
  • MLS Number
    2228237
  • Listing Broker
    David W Petersen
  • Listing Office
    Westlake Associates, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $17,597 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $243 / month
  • TOTAL
    $17,840 / month

  • based on 20% down
    ($696,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • 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
    9
  • Last Modification Time
    Wednesday, April 24, 2024 9:43 PM
  • System Listing ID
    5312709
Update Info
  • First For Sale
    2024-04-24 15:14:17
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For Sale 10 Days Online
$3,480,000  
Offer Review: Anytime
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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.