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Listing provided courtesy of:

Coldwell Banker Bain

28200 9th Ave S Des Moines, WA 98198

0.27 Acres
Commercial/Industrial

Listing# 960734 | Active

$850,000

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Days On Market: 1194 39 Views

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Property Details

Description Tours

One-of-a-kind commercial property w/Puget Sound Views in Redondo! Site of the old Redondo Grocery Store & post office. One of the few NC zoned properties in Des Moines. Residential space above and retail/commercial business below - live and work out of the same building! Huge potential for future development - feasibility studies and architect design provided by seller for potential 10,000+/- sq ft, 3 story mixed use building w/underground parking - all available on request. Seller is motivated.

General Features
- County King
- Approx Building SqFt 2,560
- Approx Office SqFt 0
- Approx Whse/Mfg SqFt 0
- Zoning Class Business, Commercial, Residential, Retail
- Lot Dimensions 214 x 130
- Selling Office Commission *** 3 ***
- Style 60-Comm Bldg Und 10K
- Total Covered Parking 0
- Total Uncovered Parking 14
- Zoning Jurisdiction City
Building Features
- Exterior Brick, Cement/Concrete
- Foundation Concrete Block, Poured Concrete
- Roof Composition, Flat
- Floor Covering Ceramic Tile, Wall-to-Wall Carpet
- Features Storage
Property Features
- Depth of Lot 0
- Site Frontage 0
- Water-Sewer-Garbage 0
- Sewer Sewer Connected
- Energy Source Electric, Natural Gas
- Power Company PSE
- Number of Available Pads 0
- Lot Square Footage 11,642
Financials
- Vacancy Rate 0
- Total SqFt Rented 0
- Total Monthly Rent $0
- Gross Rent Multiplier 0
- Cap Rate -NOI div LP 0
- Gross Scheduled Income $0
- Gross Adjusted Income $0
- Total Expenses $0
- NOI $0
- Electrical Expenses $0
- Tax Expense $5,656
- Heating Expense $0
- Insurance Expense $0
- Other Expenses $0
- Tax Year 2018
- Annual Assoc. Dues $0

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Neighborhood

98198 (Des Moines) Demographics

38Median Age

4,724Population Density (per sq. mile)

33%College Educated

$57,884 Estimated Median Income

7,322Estimated Total Home Owners

6,060Estimated Total Renters

55% / 45%Estimated Owner / Renter Divide

2Estimated Average Household Size

36,768Total Population

Community data courtesy of LiveBy, Inc.

Schools Near Here

Elementary Schools

1

Public Des Moines Elementary

Grades: KG - 6
Enrollment: 387

4

Public Kent Mountain View Academy

Grades: KG - 12
Enrollment: 311

1

Public Madrona Elementary

Grades: PK - 6
Enrollment: 702

1

Public Midway Elementary

Grades: PK - 6
Enrollment: 659

1

Public Parkside Elementary

Grades: KG - 6
Enrollment: 628

1

Private St Philomena School

Grades: 2 - 13
Enrollment: 262

1

Public Woodmont K-8 School

Grades: KG - 8
Enrollment: 475

Middle Schools

1

Public Des Moines Elementary

Grades: KG - 6
Enrollment: 387

4

Public Kent Mountain View Academy

Grades: KG - 12
Enrollment: 311

1

Public Madrona Elementary

Grades: PK - 6
Enrollment: 702

1

Public Midway Elementary

Grades: PK - 6
Enrollment: 659

2

Public Pacific Middle School

Grades: 7 - 8
Enrollment: 646

1

Public Parkside Elementary

Grades: KG - 6
Enrollment: 628

1

Private St Philomena School

Grades: 2 - 13
Enrollment: 262

1

Public Woodmont K-8 School

Grades: KG - 8
Enrollment: 475

High Schools

3

Public Gateway

Grades: 9 - 12
Enrollment: 0

4

Public Kent Mountain View Academy

Grades: KG - 12
Enrollment: 311

3

Public Mount Rainier High School

Grades: 9 - 12
Enrollment: 1629

1

Private St Philomena School

Grades: 2 - 13
Enrollment: 262

School data courtesy of LiveBy, Inc.

Market Last 30 Days

$380,000 Median Sales Price

40 Homes Sold

22 New On Market

Average Days on Market

Properties for Sale

Property History

Date	Event	Price
--	Current Price Source	New Value: $850,000
10/4/2019 2:51:38 PM	Status Changed Source	New Value: Active
8/14/2019 2:11:14 PM	Status Changed Source	New Value: Pending Backup
7/18/2019 2:01:24 PM	Status Changed Source	New Value: Pending Feasibility
9/1/2016 12:53:00 PM	New in Database Source

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This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.