INVESTMENT FEATURES:
The Kenmore Townhome Development Site offers a new owner the opportunity to construct 38 townhomes near a variety of community amenities including restaurants, shopping, and outdoor recreation.
Full building permits can be ready within 3 to 6 months.
The property is a ±55,212 SF, UC-zoned lot. Architectural plans have been drafted for 38 two and three-bedroom townhomes with 76 two-car garages and off-street parking spaces,8 guest parking stalls, and a kids play area.
Across the street from the Burke Gilman Trail, connecting to the UW, Seattle, Woodinville, and downtown Redmond, 4 Miles to UW Bothell, A 10 min drive to Bastyr University, average unit size 1708 square feet and three-bedroom homes averaging roughly 1,805 square feet.
The gross building square footage across all four structures is totaled at 82,002 square feet.
The property is a±55,212 SF, UC-zoned lot. Architectural plans have been drafted.
Average home prices have skyrocketed to $969,712 – a 59.6%increase in five years.
