2801 I Street NE, Auburn, WA 98002
- $1,375,000
Listing courtesy of Lee & Associates Commercial RE.
- List Price
- $1,375,000
- Status
- ACTIVE
- MLS#
- 2583821
- Days on Market
- 0
- Lot Size (sq ft)
- 40,017
Property Description
Auburn 55 presents a compelling 55-unit multifamily development opportunity on approximately 0.92 acres in North Auburn. The generally level infill site is currently planned for a four-story, elevator-served apartment community with 67 parking stalls, including 37 covered spaces. R-NM zoning supports multifamily development, and substantial preliminary work has already been completed, including conceptual plans, a feasibility and market study, development budget, surveys, and additional due diligence materials. Convenient access to SR-167, SR-18, Auburn Station, and the future RapidRide I Line provides strong connectivity to major South King County employment and transit hubs, creating an attractive opportunity for developers seeking a well-positioned infill multifamily project.
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Additional Information
- Community
- North East Auburn
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Restrictions
- See Remarks
- Features
- Evergreens, Garden/Fruit Trees, Recreational
- Sewer
- In Street
- School District
- Auburn
- Potential Terms
- Assumable, Cash
- Driving Directions
- From I-5 S, take Exit 147 for S 272nd St, Turn right, At the traffic circle, take the 2nd exit, continue onto I St NE, turn right, turn left.
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