21616 7Th PlDes Moines, WA 98198

For Sale
$2,400,000

Prime Des Moines commercial land, high-density zoning.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial land parcel in Des Moines, WA, presents a unique investment opportunity. Located at 21616 7th Pl S, 98198, this property boasts a lot size ranging from 9,069 to 25,080 square feet and is zoned for high-density multifamily development. Its prime location offers unparalleled access to amenities and key transportation routes. Situated just one block from the Des Moines Marina, this property provides stunning waterfront views that will be visible to upper floors in any future development. Furthermore, its proximity to I-5 and Seattle International Airport (within ¾ of a mile) ensures excellent connectivity. The property's adjacency to the rapidly expanding Wesley Retirement Community adds to its appeal, providing a built-in market for potential residential developments. Des Moines itself is a thriving waterfront community midway between Seattle and Tacoma, offering a vibrant atmosphere and a strong local economy supported by Highline College, with its 16,000+ students and 550 employees. This location offers housing opportunities for all income levels and is experiencing significant growth, making this land a highly attractive investment for developers seeking to capitalize on the area's potential. The asking price for this exceptional property is $2,400,000.

Highlights

  • High-density multifamily zoning.
  • One block from Des Moines Marina.
  • Less than a mile from I-5 and Seattle-Tacoma International Airport.
  • Upper floors offer water views.
  • Adjacent to the expanding Wesley Retirement Community.

Location Insight

City
Des Moines
County
King
State
Washington
Latitude
47.4079828
Longitude
-122.3244457
21616 7Th Pl, Des Moines, Washington

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21616 7Th Pl
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