206-826-5808
24426 Pacific Hwy S, Kent, WA for Sale
Residential LAND - FOR SALE
1/5
237,838 SF

24426 Pacific Hwy S
Kent, WA 98032
Lake Fenwick


HIGHLIGHTS

  • Level grade with all utilities available.
  • Approved for up to 71,500 sf of retail use
  • Site can accommodate over 450-units of MF if the CC&R's are amended to include Residential.

OVERVIEW

The CC& R's currently permit up to 71,500 sf of retail and parking at 4:1,000. They may be amended to allow residential and mixed-use buildings with the approval of the other Members of the Binding Site Plan. A prior owner had proposed 330-units of multifamily in 2 six-story buildings, which use is omitted from the CC&R's, and a 120-key hotel, which is prohibited by the CC&R's. Lowe's will also need to approve any Amendment to the CC&R's, to satisfy Lowe's Land Owner. Dick's and Starbucks are both advocates for residential and mixed use to be included in an Amendment as an approved use. The location is 4-blocks South of the new Kent Station Light Rail platform. Views of the Puget Sound can be seen from grade elevation today, and 2nd story views may include Mt. Rainier to the East.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Kent Station Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Multi-Family, Apartment Units

LAND ACRES

5.46 AC

LAND SF

237,838 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

MRC

APN/PARCEL ID

551400-0030

ASK ABOUT THIS PROPERTY

Michael LawrenceMarcus & MillichapMore Info
206-826-5808

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Michael LawrenceMarcus & MillichapMore Info
206-826-5808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.