Mixed-Use Development Opportunity Near
For Sale
$4,750,000
Pending
22705 Marine View Drive S, Des Moines, WA 98198
Two buildings on 2.34 acres near Des Moines waterfront.
Property SizeContact for details
Days on Market568
Property Features for 22705 Marine View Drive S
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
NAI PUGET SOUND PROPERTIES
Listed By:
DEAN ALTARAS
(425) 586-5604
Source:
Corcoran
Added: Feb 21, 2025
Changed: Jul 6
Last Checked: Sep 11 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI PUGET SOUND PROPERTIES
Investment Insights
Based on property information with market context.
This property features two buildings totaling 19,395 square feet on a 2.34-acre site. Zoned DC, it presents an owner-user or redevelopment opportunity. One building is a 7,000 square foot Red Robin restaurant building, available for user occupancy. The other is a 12,000 square foot retail/office building, also available for user occupancy. The property is currently fully leased to three tenants, providing cash flow for a developer. It is located steps from the Des Moines waterfront and marina, offering a fantastic mixed-use development opportunity.
Key Highlights
- Prime redevelopment opportunity on 2.34 acres in a desirable location.
- Two buildings totaling 19,395 SF, offering flexibility for owner‑users.
- Zoned DC, allowing for diverse development possibilities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98198, WA
38,727
Population
15,267
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
7.7 sq mi
ZIP Area
5,029
Density / Sq Mi
$83,938
Median Household Income
$48,776
Median Earnings
$1,770
Median Rent
$527,100
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Xkuizit Taste Catering — 2008 S 233rd St, Seattle, WA 98198
- Mini... The Dough-Nut — 21925 Marine View Dr S, Des Moines, WA 98198
Frequently Asked Questions
What type of property is this?
Restaurant - Two buildings on 2.34 acres near Des Moines waterfront.
Where is this restaurant located?
The property is located at 22705 Marine View Drive S Des Moines, WA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Prime redevelopment opportunity on 2.34 acres in a desirable location.; Two buildings totaling 19,395 SF, offering flexibility for owner‑users.; Zoned DC, allowing for diverse development possibilities.
