Maybe the best corner lot left for development in Tumwater. The property is currently zoned Multi-Family; however, the city is planning on continuing the road at the roundabout (see concept image) and has said that they would be open to changing the zoning to mixed-use. This is a great development opportunity. 99± acre lot zoned MFM Multi-Family 9-15 units per acre... so many more possibilities if changed to mixed use. Great location for a small apartment complex or townhomes. Located on a new roundabout at Tumwater Blvd and Littlerock Rd, a short distance from many state and city buildings. There is a new fully rented apartment across the street, 14 units being built to the north, and over 150 proposed units to the south... so the demand is there, and this is the perfect location. Just a minute or two off of I5. There is currently a 24x20 fully finished building with a large room and two additional rooms. It has 2 entrances. There is also a falling-down 3-bedroom house, and a fully ready RV site with water, power, and septic.
167 days
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Zillow last checked:
Listing updated:
Listed by:
Wesley Neal,
Abbey Realty Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2480478
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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