31224-31240 28th Avenue S (Status: Pending) 1200000

31224, 28th Ave, Federal Way, WA  98003

New Prime opportunity in city of Federal Way! 2 rental houses located in desirable busy Downtown w/ 3 parcels totaling .95 acre (41,236 sf) zoned RM2400 Multifamily.Great opportunity to collect rents while you develop this flat, dry land, access w/ all utilities connected (water, sewer, electricity) gas in street. Immediate access to I-5, HOV on/off ramps & conveniently close to Hwy 167, 18 w/ walking distance to shopping, FW mall, Steel Lake, restaurants & most importantly the new Sound Transit Light rail & bus station This is a remarkable opportunity, allowable usages include zero lot line townhouses, multifamily dwelling stack units, senior housing & more!This site receives good exposure with 157′ of frontage on 28th Ave. & backs to I-5

Listing Details

Asset Class: Multi-Family,Specialty
Year Built: 1961
Building Total Square Feet: 2540
Available Lease Space Square Feet: 41236
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: RM2400

Listing Courtesy of: John L. Scott – Lake Tapps

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.