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Listed by:Abbey Realty Inc • Wesley Neal
$299,997
Est. payment /mo
0.99 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision Tumwater
MLS Listing ID 2480478
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $3,420
Lot Size 0.986 Acres
Lot Dimensions 311*193*56*143*182
Property Sub-Type Land
Property Description
Maybe the best corner lot left for development in Tumwater. The property is currently zoned Multi-Family; however, the city is planning on continuing the road at the roundabout (see concept image) and has said that they would be open to changing the zoning to mixed-use. This is a great development opportunity. 99± acre lot zoned MFM Multi-Family 9-15 units per acre... so many more possibilities if changed to mixed use. Great location for a small apartment complex or townhomes. Located on a new roundabout at Tumwater Blvd and Littlerock Rd, a short distance from many state and city buildings. There is a new fully rented apartment across the street, 14 units being built to the north, and over 150 proposed units to the south... so the demand is there, and this is the perfect location. Just a minute or two off of I5. There is currently a 24x20 fully finished building with a large room and two additional rooms. It has 2 entrances. There is also a falling-down 3-bedroom house, and a fully ready RV site with water, power, and septic.
Location
State WA
County Thurston
Area 443 - Tumwater
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available, Septic Design Installed
View Y/N No
Garage Yes
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Available
Water On Property
Schools
School District Tumwater
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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