Prime opportunity – 2 rental units located in desirable Downtown Federal Way w/3 parcels totaling .95 acre (41,236 SF) zoned RM2400 Multi-family. Great opportunity to collect rents while you develop this flat, dry land, perfect access with all utilities available (water, sewer, electricity, gas). Immediate access to I-5, HOV on/off ramps & conventionally close to Hwy 167, 18 w/walking distance to shopping, FW mall, Steel Lake, restaurants & most importantly the new Sound Transit Light rail & bus station. This is a remarkable opportunity, allowable usages include zero lot line townhouses, multi-family dwelling stack units, senior housing. This site receives good exposure w/157′ of frontage on 28th Ave located between 2 apartment complexes.
