Rare Development Opportunity! Great Value! NO PARKING REQUIRED within Urban Village. Zoned MR(M2) - Midrise Multifamily. Zoning designations that generally allow for a mix of residential and commercial uses, with varying density and intensity. MR: Typically allows for low-density residential development, such as single-family homes and duplexes. M2: Permits higher-density residential and commercial development, often including retail, office, and light industrial uses. Property sold AS-IS. Conveniently located & easy access to I-5, Roosevelt Light Rail Station, UW Campus, Shopping, Dining, Entertainment, Park & Recreation.