Permitted Senior Living Development
For Sale
Contact for pricing
7417 204th St NE, Arlington, WA 98223
Two parcels are fully permitted for a 150-unit market-rate senior living apartment building, ready to start construction.
Property Size120,402 SF
Days on Market120
Property Features for 7417 204th St NE
General Information
Standard status
Active
Size
120,402 SF
Property subtype
Multifamily, Senior Living
Zoning
General Commercial, Multi Housing
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
150
Building Details
Tenancy
Multi
Listing Agency:
KW Commercial, GSWA MCI LLC
(425) 765-3568
Listed By:
Melissa Johnson · License #105175
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 4:50AM
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 KW Commercial, GSWA MCI LLC
Investment Insights
Based on property information with market context.
Located at 7417 204th St NE in Arlington, this property is offered as two parcels sold together (31051100304000 and 31051100400700). The site is fully permitted and ready to start building a market-rate senior living apartment community totaling 150 units, with a proposed building size of 120,402 SF.
The development is positioned along Hwy 9 and 204th in a high-traffic area. The remarks indicate adjacency to a new Starbucks and Bartell Drugstore, with Safeway, McDonald’s, and Chevron across Hwy 9.
Zoning is described as General Commercial and Multi Housing, supporting development of a multi-housing senior living product as permitted for this site.
The development is positioned along Hwy 9 and 204th in a high-traffic area. The remarks indicate adjacency to a new Starbucks and Bartell Drugstore, with Safeway, McDonald’s, and Chevron across Hwy 9.
Zoning is described as General Commercial and Multi Housing, supporting development of a multi-housing senior living product as permitted for this site.
Key Highlights
- Two parcels sold together (31051100304000 + 31051100400700), fully permitted for a 150‑unit market‑rate senior living apartment building.
- Total building size is 120,402 SF, ready to start construction.
- Zoned General Commercial, Multi Housing.
Property Analytics
Current Use
Lease Details
150
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 98223, WA
45,139
Population
18,224
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
316.2 sq mi
ZIP Area
143
Density / Sq Mi
$96,478
Median Household Income
$52,487
Median Earnings
$1,780
Median Rent
$556,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two parcels are fully permitted for a 150-unit market-rate senior living apartment building, ready to start construction.
Where is this commercial land located?
The property is located at 7417 204th St NE Arlington, WA.
What are key features of this property?
This property features: Two parcels sold together (31051100304000 + 31051100400700), fully permitted for a 150‑unit market‑rate senior living apartment building.; Total building size is 120,402 SF, ready to start construction.; Zoned General Commercial, Multi Housing.
