17018 Wax RdCovington, WA 98042

For Sale
$775,000

Prime 0.8-acre lot, 1,290 SF building.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.8-acre mixed-use property at 17018 SE Wax Rd, Covington, WA 98042, presents a compelling redevelopment opportunity. The 1,290 square foot building, constructed in 1958 and renovated in 1980, sits on a highly desirable lot within the Town Center District zoning. This prime location offers unparalleled access to Covington's vibrant Town Center, placing it adjacent to Vineyard Park, The Station Apartments, and Affinity at Covington. The property's strategic positioning ensures high visibility and accessibility for potential tenants. The permitted Town Center District zoning allows for a diverse range of redevelopment options, including medical, professional office, and mixed-use retail spaces. This presents a unique chance to capitalize on the growing demand for commercial and retail space in this thriving community. The existing building provides a solid foundation for a renovation project or could be demolished to make way for new construction, maximizing the potential of this exceptional site. With its convenient location and flexible zoning, this property is an ideal investment for developers seeking a high-impact project in a rapidly expanding area. The asking price is $775,000.

Highlights

  • 0.8-acre mixed-use lot in Covington, WA's Town Center District, zoned for diverse redevelopment options including medical, office, and retail.
  • 1,290 SF building (1958 construction, 1980 renovation) offers redevelopment or demolition potential.
  • Prime location adjacent to Vineyard Park, The Station Apartments, and Affinity at Covington, ensuring high visibility and accessibility.
  • $775,000 asking price.

Property Details for 17018 Wax Rd

Property type
Other mixed-use properties, Other land
Square Feet
1,290 SF
Year Built/Renovated
1958/1980
Buildings
1
Stories
1
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Covington
County
King
State
Washington
Latitude
47.3526927
Longitude
-122.1151166
17018 Wax Rd, Covington, Washington

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17018 Wax Rd
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