Location, location, location! Builders and Investors Alert! Rare two parcels totaling 10,620 sqft. in the sought after Queen Anne neighborhood, a block away from Seattle Pacific University. Exceptional development opportunity fully entitled for 86 units. Value is in the land, there are existing warehouses on the property that are being leased, tenant is month to month. The project is not subject to Seattle’s mandatory housing affordability program, so no MHA fee or affordable housing units are required. Sale includes both 6 & 10 Dravus (parcel# 1972206110 & 1972206120). Close proximity to South Lake Union, Queen Anne, and Ballard.
Location, location, location! Builders and Investors Alert! Rare two parcels totaling 10,620 sqft. in the sought after Queen Anne neighborhood, a block away from Seattle Pacific University. Exceptional development opportunity fully entitled for 86 units. Value is in the land, there are existing warehouses on the property that are being leased, tenant is month to month. The project is not subject to Seattle’s mandatory housing affordability program, so no MHA fee or affordable housing units are required. Sale includes both 6 & 10 Dravus (parcel# 1972206110 & 1972206120). Close proximity to South Lake Union, Queen Anne, and Ballard.
Listed by:
Devon Group LLC
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