18449 1st AVE S Pending Save Request In-Person Tour Request Virtual Tour
Normandy Park,WA 98148
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 15,781 sqft
Price per Sqft $145
Subdivision Normandy Park
MLS Listing ID 2400365
Style 56 - 10+ Units
Construction Status Under Construction
Year Built 2019
Annual Tax Amount $27,418
Lot Size 0.314 Acres
Property Sub-Type Multi Family
Property Description
Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction. Approx 2,596 SF of commercial space on the 1st floor that has been divided into 6 live-work units offering flexibility. The 2nd and 3rd floors are comprised of 6 large, condo-style residential units with a total of approx. 7,000 SF. The large 13,673 SF lot has 18 off-street parking stalls, two of which are ADA accessible. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Exterior Feature Cement Planked,Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction Yes
Construction Status Under Construction
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional