$500,000
Rare redevelopment opportunity in Renton’s established Earlington Hill neighborhood. This approximately 12,000 SF RMF-2-zoned site is well positioned near downtown Renton, shopping, services, employment centers, public transportation, I-405 and SR 167, with convenient connections to Seattle and the Eastside. The area continues to benefit from regional growth and major transportation investment. Washington’s statewide housing initiatives and Renton’s Comprehensive Plan encourage additional housing supply, diverse housing choices, compact development and more efficient use of urban land near jobs, services and transit. Preliminary engineering and a conceptual site plan illustrate a seven-unit apartment project consisting of five two-bedroom and two one-bedroom residences. The preliminary zoning analysis indicates potential for approximately 5–11 dwelling units, with a five- to six-unit townhome configuration also identified as a possible alternative. The property currently contains an older residence considered a tear-down. Development concepts are preliminary and have not received final City approval. Buyer to independently verify zoning, density, permitted uses, utilities, access, right-of-way requirements, critical areas, stormwater, frontage improvements and all other development feasibility. Property sold as-is. Preliminary engineering memorandum and conceptual site plan are available for review.
2572052
MLS
⋅
ACTIVE
Status
701 SW Sunset BLVD, Renton
Listing Broker: Skyline Properties, Inc.; Lemlem H. Tesfay; 206-375-9349; lemlem@skylineproperties.com
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