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2.89 Acre TOD redevlopment site MTC -1 Zoning

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2.89 Acre TOD redevlopment site MTC -1 Zoning

2705 S 240th St, Kent, WA 98032
Multi-Family,Land,Hotel/Motel For Sale Available Built 1956 1 floors Zoning: MTC1
Asking Price
$10,995,000
Total Building2,225 SF
Available125,888 SF avail
Land125,888 SF land
MarketKent
CountyKing

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Overview

Property ID
298188
Listing ID
702951
Type
Land
Asset Class
Multi-Family,Land,Hotel/Motel
Zoning
MTC1

Description

Rare opportunity to purchase this transit-oriented development site is Strategically positioned near the corner of S 240th Street and Pacific Highway, The flat 2.89-acre site offers approximately 126,000 square feet of MTC-1 zoned land ideal for a wide range of development possibilities. The flexible zoning supports multifamily housing, affordable units, assisted living, age-restricted communities, and townhomes.Located within walking distance of the upcoming Kent–Des Moines light rail station (opening in 2026), this TOD offering is perfectly situated for transit-oriented redevelopment. As one of the few remaining large-scale redevelopment parcels along Pacific Highway, this site represents a rare and valuable opportunity in a rapidly evolving corridor. PHASE I COMPLETED +++See atta

Listing Courtesy of:

RM
Ricky Mouw
RE/MAX Northwest Realtors
8200 W Grandridge Blvd,
Kennewick, WA 99336
State: WA City: Kent ZIP: 98032 Type: For Sale

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