Description
Redevelopment site near Beacon Hill light rail station. Prime 80x53 property occupies the southwest corner of Beacon Ave S and S Stevens St, just 2 blocks from station and zoned NC2P55 which allows for a variety of uses. Preliminary feasibility study suggested a 5-story building with 24 SEDU residential units and 1,865 Sqft of first floor commercial space. Second option is 1,815 sqft of street level retail/commercial, plus 16 units mixed studio and 1-bedroom apartments, for a total of nearly 16,000 sqft gross building area. Current 2,756 sqft building hosts a good mix of 4 neighborhood businesses, producing a combined annual income of $64,080. Opportunity such as this does not present itself often. Take advantage of it.
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School Ratings & Info
Listing Courtesy of John L. Scott Des Moines.Description
Redevelopment site near Beacon Hill light rail station. Prime 80x53 property occupies the southwest corner of Beacon Ave S and S Stevens St, just 2 blocks from station and zoned NC2P55 which allows for a variety of uses. Preliminary feasibility study suggested a 5-story building with 24 SEDU residential units and 1,865 Sqft of first floor commercial space. Second option is 1,815 sqft of street level retail/commercial, plus 16 units mixed studio and 1-bedroom apartments, for a total of nearly 16,000 sqft gross building area. Current 2,756 sqft building hosts a good mix of 4 neighborhood businesses, producing a combined annual income of $64,080. Opportunity such as this does not present itself often. Take advantage of it.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Reuben Bray Homes | Realty One are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-19T14:17:50.36.