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Diana Ferguson

fergusondiana@gmail.com +1(503) 756-4738

Listed by:John L. Scott, Inc. • Hunter Gaston

$999,999

Est. payment - /mo

0.55 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Burien

MLS Listing ID 2501776

Style 56 - 10+ Units

Year Built 1942

Annual Tax Amount $11,163

Lot Size 0.546 Acres

Property Sub-Type Multi Family

Property Description

Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Interior

Flooring Concrete, Hardwood, Laminate

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Fenced-Fully, Gated Entry, Outbuildings, RV Parking, Shop

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Hilltop Elem

Middle Schools Glacier Middle School

High Schools Evergreen High

School District Highline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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12644 Des Moines Memorial Dr Burien, WA 98168