18449 1st AVE S, Normandy Park, WA 98148 - MLS#2400365

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Brian Gass

brian@1realty.com +1(360) 201-0908

Listed by Paragon Real Estate Advisors

$2,300,000

Est. payment - /mo

16 Beds

18 Baths

15,781 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,781 sqft

Price per Sqft $145

Subdivision Normandy Park

MLS Listing ID 2400365

Style 56 - 10+ Units

Bedrooms 16

Construction Status Under Construction

Year Built 2019

Annual Tax Amount $27,418

Lot Size 0.314 Acres

Property Sub-Type Multi Family

Property Description

Partially completed (75%) mixed-use apartment building located in the excellent community of Normandy Park. Normandy Park is one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction. Approx 2,596 SF of commercial space on the 1st floor that has been divided into 6 live-work units offering flexibility. The 2nd and 3rd floors are comprised of 6 large, condo-style residential units with a total of approx. 7,000 SF. The large 13,673 SF lot has 18 off-street parking stalls, two of which are ADA accessible. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.

Location

State WA

County King

Area 130 - Burien/Normandy Park

Interior

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction Yes

Construction Status Under Construction

Schools

School District Highline

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

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Brian Gass

+1(360) 201-0908

Designated Broker | License ID: 26737

Designated Broker License ID: 26737

18449 1st AVE S Normandy Park, WA 98148

Brian Gass

Key Details

Location

Interior

Exterior

Building

Schools

Others

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