1102-1206 28th Ave Court Milton, WA
Property Status: SOLD
Property Type: Multi-family, Commercial
Lot Size: 3.90 Acres (169,884SF)
This offering consists of 3.9AC zoned both Residential Multi-family and Business District. The property provides 120’ of frontage off Milton Way The northern side of the site represents the Business District zoned portion of approximately 120’ x 150’ or 18,000SF. The remaining 151,884’ is zoned Residential Multi-family District. The property offers a prime location ó block off Meridian Avenue next to retail amenities such as the Surprise Lake Shopping Center, Milton-Edgewood Library as well as the core commercial area of Milton. The parcel is vacant and relatively flat.
The prior developer was awarded an approval February 16, 2016 on a Binding Site Plan for 33 Residential Units and a Commercial Pad. This entitlement expired on February 16, 2017.
With lack of available new and affordable home inventory in King County, the Milton-Edgewood area has become a focus for many national and regional for sale and apartment development groups. Its proximity to I-5 and the major job centers of Seattle-Tacoma-Bellevue bode well for its future development.