11411 Des Moines Memorial Drive S, Burien, WA 98168

$1,000,000

Listing courtesy of Windermere Real Estate Co.. Selling Office: Skyline Properties, Inc..

Sold Price
$1,000,000
List Price
$495,000
Status
SOLD
MLS#
1868948
Closing Date
Jun 06, 2023
Days on Market
46
Lot Size (sq ft)
26,215

Property Description

Rare investment/development opportunity in business-friendly Burien. One of two large adjacent platted lots, each 26,000 SF, with a combined area of 52,325 SF (1.2 acres), flat topography and CC-2 zoning, in an SBA HUBZone, on historic Des Moines Memorial Drive in Boulevard Park, 15 minutes from downtown Seattle. Lots are offered individually or combined into a single property. Lucrative potential for light manufacturing, multifamily or mixed-use development in an appreciating submarket; feasibility studies included for a townhome or apartment complex. Burien’s new Housing Action Plan specifically targets Boulevard Park for accelerated growth in housing unit construction and relaxes regulations for developers of multifamily properties.

Additional Information

Community
Boulevard Park
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Restrictions
See Remarks
View
City, See Remarks, Territorial
Sewer
In Street, On Property
Tax Year
2021
School District
Highline
Elementary School
Beverly Park ElemAt
Middle School
Sylvester Mid
High School
Highline High
Potential Terms
Cash Out
Driving Directions
Directions: From Westbound Hwy 518, take the Des Moines Memorial Drive Exit. Head North (right) on Des Moines Memorial Drive. Property will be on your left after 116th Street intersection.
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