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1445 S Cloverdale St
Seattle, WA 98108 South Park

$1,995,999 USD

Land For Sale  •  0.35 AC

Property Details

  • Property Type Land
  • Lot Size 0.35 AC
  • Zoning C1-55 (M)
50 Transit Score
50 Walk Score

Description

The Subject site includes a rental house on the corner plus three (3) adjacent vacant lots to the west all zoned C1-55 (M) which is one of the most generous zoning classifications in the City of Seattle with all residential types allowed including Apartments, Condominiums, Townhomes & Live/Work Units. In terms of commercial uses, the following uses are also allowed outright: 1) Restaurants/Bars, 2) Lodging Accommodations, 3) Medical Services, 4) General Offices, 5) Indoor Sports/Recreation, 6) Automotive Services, 7) Marine Services including Dry Boat Storage, 8) Religious Facilities, 9) Schools, 10) Child Care, 11) Mini-Warehouses, 12) Towing Services, and much more.  All of the above uses would have a maximum height limit of 55 feet.  Currently, the house on the corner sits on 2 lots totaling 6,182 SF and rents for $500 per month on a month-to-month basis.  In addition, the adjacent 3 vacant lots are 3,000 SF each for another 9,000 Sf which brings the total size to 15,182 SF.  Finally, Seller possesses detailed architectural plans for 8 townhomes (1,783 SF each) planned for just the 2 lots wherein the rental house sits that were generated in 2018 and can be included in the sale.

Highlights

Strategic Location Minutes to Georgetown, SODO & Downtown Seattle
Most Generous Zoning of C1-55 (M) Allows For All Residential Uses & Most Commercial Uses
Subject Site of 15,182 SF is a Corner, Level Site w/ a 55' Maximum Height Limit
Subject Site will have Sweeping Views of South Park Marina & Duwamish River
Seller Possesses Detailed Architectural Plans for 8 Townhomes (1,783 SF each) on 2 of the 5 lots
An Additional 12,000 SF of Contiguous Land Could be Available (i.e. Same Owner as Subject)

Public Transportation

Commuter RailDriveWalkDistance
Seattle (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 12 min - 6.0 mi
King Street Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit) 12 min - 6.1 mi
AirportDriveWalkDistance
Seattle-Tacoma International 15 min - 6.9 mi
Seattle Paine Field International 44 min - 30.0 mi
Mark Peizer 206-909-3314 Peizer Commercial Real Estate, LLC
Mark Peizer 206-909-3314 Peizer Commercial Real Estate, LLC