Front Street Townhomes – Issaquah, WA
Sold Price: $9,175,000
Property Type: Townhomes
Lot Size: 1.02 acres
Property Status: SOLD
Property Overview: The property represents 1.2 acres and is zoned CBD (Olde Town) allowing for townhome development and retail along Front Street. There is a one story 6,133 SF existing building and a 3-lane drive through bank canopy on the property.
Entitlement Status: The Seller has submitted an application to the City of Issaquah for a Site Development Permit and intends on receiving a Site Development Permit, Design Review Approval and a SEPA Determination.
Desirable Neighborhood: The Front Street/Olde Town location boasts walking distance to Historic Issaquah, Gilman Village, excellent proximity and I-90 access to the region’s leading employers, highly ranked Issaquah Schools, a wonderful setting within steps of Confluence Park and world-class healthcare facilities nearby.
The Opportunity: This offering presents a great opportunity to introduce much needed residential townhome product to the Issaquah marketplace. Preliminary designs provide for the delivery of 35 upscale townhomes. Production opportunities like Front Street are exceptionally rare, especially in the close-in Eastside core markets.
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