2513 Meridian Avenue E, Edgewood, WA 98371

$775,000

Listing courtesy of Keller Williams Realty. Selling Office: COMPASS.

Sold Price
$775,000
List Price
$825,000
Status
SOLD
MLS#
1717316
Closing Date
Apr 20, 2022
Days on Market
305
Lot Size (sq ft)
42,240

Property Description

Preliminary design prepared for 4 story, 46-unit multifamily project including a lobby and common area along Meridian. Building includes 39,870 SF, comprised of 6 studio, 17 one bedroom, and 23 two-bedroom units. The project includes 66 parking stalls. According to the City, no retail or commercial components are required. Buyer to be responsible for Sewer LID balance. Located along Meridian Avenue E, this easy to develop site has excellent exposure with approximately 16,000 cars per day. Easy freeway access to the north onto I-5, Hwy 18 and Hwy 167 to the south. All utilities available in recently re-built road along the front of the property. The immediate surrounding area has experienced explosive growth over the last few years.

Additional Information

Community
Edgewood
Style
43 - Comm/Industrial
Zoning Jurisdiction
City
Sewer
Available
School District
Puyallup
Potential Terms
See Remarks
Driving Directions
WA-161 N/WA-512 E. Take the exit on the left onto WA-161 N/WA-167 S toward Milton/Tacoma. Keep right at the fork. Continue onto WA-161 N/N Meridian Ave. Destination will be on the right.
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