RARE opportunity for your next major development, this 350x120 (7 Premisses in a row) MC-1 lot in Capitol Hill. 42,000 sq/f with a FAR of 2.4 (100,800 sq/ft buildable). Allowed to build up to 14 Meters from grade at a distance greater than 3 meters from that shared property line. The buildable SQ/F can be at the builder's discretion depending on the use they choose to. Alternative Option for to build Assisted living, DP approved for 83,000 sq/f +/- buildable, approved for 118 units +/-, if the buyer chooses that venture, builder is able to increase the BUILDABLE sq/f. There has been a Sanitary study done and can handle up to 150 units if the DP is revised (for assisted living). There's rental income from the existing premises as they're all rented out.
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Listing information last updated on January 22nd, 2021 at 9:00pm MST.