Description
Rare Investment/Development Offering 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments, Commercial, and Retail with potential heights up to 135'. Current improvements include 8 rental units (two duplexes + one fourplex) producing strong cash flow of $13,535/month. Ideal for investors seeking stable income today with significant redevelopment upside tomorrow. Owner has completed survey and wetlands study. Buyer to verify. Feasibility studies considered.
-
0BEDS
-
1.78ACRES
-
0BATHS
-
01/2 BATHS
-
6,792SQFT
-
$486$/SQFT
Listing information ©2025 Northwest MLS. Listing courtesy of Keller Williams Realty Bothell.
Mortgage Calculator is provided by BoomTown.
Description
Rare Investment/Development Offering 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments, Commercial, and Retail with potential heights up to 135'. Current improvements include 8 rental units (two duplexes + one fourplex) producing strong cash flow of $13,535/month. Ideal for investors seeking stable income today with significant redevelopment upside tomorrow. Owner has completed survey and wetlands study. Buyer to verify. Feasibility studies considered.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-16T08:15:33.683. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2025-11-16T08:15:33.683. 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.