29223 Pacific Hwy S , Federal Way, WA 98003

WA, Federal Way
$870,000
  • 0.60 Acre
  • Land Property Type
  • Expired Status
Property Description

Great redevelopment site on busy Pacific Hwy S (Old Hwy 99) with a Puget Sound View. Includes a easement for ingress and egress across the property to the north where the existing driveway is now. Bring your plans and lets do a deal. Residents are paying up to $11k+ per month now for other AFH’s If you have 16 Residents x 11k per month = $176K Monthly Gross = $2,112,000 Yearly Gross Owner is a General Contract/Builder and Architect and Can Build this building for Buyer for $1.2M Plus the price of the land.

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2140830
  • Price: $870,000
  • View: Sound
  • Lot Area: 0.60 Acre
  • Status: Expired
  • Office Name: Keller Williams Realty PS
  • Agent Name: Larry Nordberg
  • Property Sub Type: Land
Features
  • Sewer On Property, Available
  • Utilities Natural Gas Available, Electricity Connected, Drainage
Address Map
  • Country US
  • State WA
  • County King
  • City Federal Way
  • Zipcode 98003
  • Street: Pacific Hwy S
  • Street Number: 29223
  • Longitude: W123° 41' 13.6''
  • Latitude: N47° 20' 23''
  • Directions: From I-5 take exit 272nd street, go west to Pacific Hwy S and turn left and drive south to 29223 Pacific Hwy S.
  • Mls Area Major: 110 - Dash Point/Federal Way
Neighborhood
  • High School District: Federal Way
Additional Information
  • Water Source: In Street, On Property, Available
  • Possible Use: Business,Multi-Family,Office,Retail,See Remarks
  • On Market Date: 2023-07-18
Listing Information
  • List Agent Mls Id: 1813
  • List Office Mls Id: 9861
  • Listing Term: Cash Out,Conventional,Owner Financing
  • Mls Status: Expired
  • Modification Timestamp: 2024-01-19T08:17:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-01-19T08:16:01Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

Similar Properties

MLS On The Fly