Listing Broker: Better Properties Kent LLC; Major S. Dhami; 253-350-7171; mjrdhami@gmail.com
Development Opportunity—Neighborhood Corridor (NCor) Zoning The primary value is in the land. Zoned Neighborhood Corridor (NCor), this property offers potential for 70+ units, subject to verification of zoning requirements and development approvals. The level, gravelly site is clear of trees, which may help reduce development costs. Water stubs are on the property, and sewer is nearby. The front street is improved and its main corridor . The property was previously permitted for 52 units, but that permit has expired. According to the information provided, zoning density has since changed to allow potential development of 70+ units. An existing rental house with four bedrooms, 2.5 bathrooms, and a three-car garage, along with a large separate office building, and lot of parking, provides income during the permitting process. A compelling opportunity for developers and builders. Do not disturb the tenants and Showing by appointment only, two days notice required.
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