84 XX S 140th Street, Burien, WA 98168 (MLS # 2521480)

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Listing provided courtesy of Northwest MLS; KW Greater Seattle PRICE $1,379,000 BEDS 0 BATHS 0 HOME SIZE n/a LOT SIZE 3.78 ac Request More Info Schedule a Showing

Don't miss your opportunity at one of the last large areas of contiguous land in Burien! This offering consists of 3.77 acres over 6 adjoining tax parcels with a multitude of redevelopment options. These parcels are in Burien's flexible MU-1 zoning district which allows for mixed use commercial and residential development. There are three main avenues underway for redevelopment on these parcels - 1) utilize the current owner's in-principle approvals in preliminary application for 26 townhome/duplex-style residential units. 2) use general MU-1 zoning allowances and design a project to fit your needs. 3) Take advantage of the project's previous vesting in Burien's prior PR zoning and build 6 detached single family residential homes. The majority of the due diligence and pre-planning work has been completed by ownership, and most key elements for vesting approvals have already been completed or conceptually approved by the City of Burien. The project's stage provides verified feasibility while maintaining design flexibility to optimize the site plan for market demands. The property is strategically positioned at the gateway of the emerging 8th Ave S Corridor with direct access to SR-509, SR-518, and I-5, allowing for a seamless commute to Downtown Seattle and the Kent Valley logistics centers. It is 1.3 miles from the Burien Transit Center, 2.7 miles from the Tukwila Int'l Blvd Light Rail Station, and 1.4 miles from shops and restaurants in the Burien Business District.