2000 Orchard St, Seattle, WA 98106
1.49 Acres of Residential Land Offered at $3,250,000 USD in Seattle, WA 98106
For Sale
Active
4 pictures
Asking Price $3,250,000
- Property Type
-
Land
- Square Feet
- 64,904 SF
Listing Contacts
Chad Blenz
Steven Chattin
Mitchell Belcher
Jay Timpani
Brandon Lawler
Property Overview
Introducing Orchard Street Townhomes, a prime development opportunity in West Seattle exclusively offered by Berkadia Seattle. This fully permitted 1.49-acre site is ready for the construction of 18 units, ideal for either build-to-rent or build-to-sell strategies. Located at 2000-2050 SW Orchard Street, Seattle, WA 98106, this project offers 18 three-story rowhouses with an average size of 1,582 square feet per unit. Each residence is designed to achieve 4-Star Built Green status, with partial below-grade parking included. Situated just a 12-minute drive from downtown Seattle, this site provides easy access to major employers, Boeing Field, King County Airport, and South Seattle College. Investors will benefit from the project being grandfathered into no MHA fees, saving approximately $164,000. With a strategic location, high demand, and desirable features, Orchard Street Townhomes present a lucrative opportunity in a growing market.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- Fully permitted two-parcel development site in West Seattle; 12-minute drive to downtown Seattle with excellent access to the area’s largest employers
- Proposed project consists of 18 three-story rowhouses facing SW Orchard, targeting 4-Star Built Green status
- The project has been grandfathered into no obligation to pay MHA fees, saving a developer nearly $164,000 in fees
- Adjacent to Delridge Way SW, one of West Seattle’s major thoroughfares; multiple bus stops within a quick walk
- Submarket benefits from its proximity to downtown and attracts renters priced out of nearby neighborhoods where average rents are nearly 30% higher
- West Seattle is poised for continued demand as it transforms into a dense mixed-use area
All available spaces
- Space
- Lot 1
- Size
- 64,904 SF
- Price
- $3,250,000
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