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1 7th - 7th Ave Commercial and Apartment Project 1.71 Acres of Commercial Land Offered at $1,095,256 CAD in Poulsbo, WA 98370
Investment Highlights
- This property is right in the retail area at Poulsbo Affordable housing here would be very desirable tenants could walk to all services
Executive Summary
I'm retired and decided not to do the project. The City of Poulsbo was and is supported of the project. To an interested party I can provide all the work and analysis.
Also I am willing to accept 20% down and the balance at 6% interest payable once the project is ready for construction.
Also I am willing to accept 20% down and the balance at 6% interest payable once the project is ready for construction.
Property Facts
| Price | $1,095,256 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.71 AC |
| Zoning | City - Poulsbo C-3/SR 305 allows Retail Sales, Professional offices Mixed used - residential components | ||
| Price | $1,095,256 CAD |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.71 AC |
| Zoning | City - Poulsbo C-3/SR 305 allows Retail Sales, Professional offices Mixed used - residential components |
1 Lot Available
Lot 3-148-2006
| Price | $1,095,256 CAD | Lot Size | 1.71 AC |
| Price Per AC | $640,500.61 CAD |
| Price | $1,095,256 CAD |
| Price Per AC | $640,500.61 CAD |
| Lot Size | 1.71 AC |
This is lot that I was preparing to build 40 affordable apartments on. I is raw land that fronts 7th Avenue in Poulsbo. Owner will not pay listing commission. Buyer Brokers welcomes commission negotiable
Description
It appears the city could allow 60 apartments on this site requiring 60 parking space for tenants and 6 for guests. If you put single studio apaartment you would get more.
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Property Taxes
| Parcel Number | 142601-3-148-2006 | Improvements Assessment | $0 CAD |
| Land Assessment | $609,537 CAD | Total Assessment | $609,537 CAD |
Property Taxes
Parcel Number
142601-3-148-2006
Land Assessment
$609,537 CAD
Improvements Assessment
$0 CAD
Total Assessment
$609,537 CAD
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Dal Lamagna
1 7th - 7th Ave Commercial and Apartment Project
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