Motel For Sale
8,122 Sq Ft
The property offers an investor or developer the opportunity to own a 13,000+ square foot rectangular lot that is ripe for development or hold for future development. The property currently operates as the Park Plaza Motel. This motel leases to residents who want to stay for short periods of stay longer than one week. The motel currently nets over $120,000 per year with a full time manager on site. The property is well located on the southern part of Aurora Avenue in the Fremont neighborhood. The lot is a corner parcel zoned LR3-RC and C1-40’ with views towards South Lake Union and downtown Seattle.