17018 Wax Rd Covington, WA 98042
- Mixed-use properties
- 1,290 SF
- 0.80 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 17018 Wax Rd
- Year built
- 1958
- Lot size
- 0.80 lot acres
- Property size
- 1,290 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 0.8-acre mixed-use property at 17018 SE Wax Rd, Covington, WA 98042, presents a compelling redevelopment opportunity. The 1,290 square foot building, constructed in 1958 and renovated in 1980, sits on a highly desirable lot within the Town Center District zoning. This prime location offers unparalleled access to Covington's vibrant Town Center, placing it adjacent to Vineyard Park, The Station Apartments, and Affinity at Covington. The property's strategic positioning ensures high visibility and accessibility for potential tenants. The permitted Town Center District zoning allows for a diverse range of redevelopment options, including medical, professional office, and mixed-use retail spaces. This presents a unique chance to capitalize on the growing demand for commercial and retail space in this thriving community. The existing building provides a solid foundation for a renovation project or could be demolished to make way for new construction, maximizing the potential of this exceptional site. With its convenient location and flexible zoning, this property is an ideal investment for developers seeking a high-impact project in a rapidly expanding area. The asking price is $775,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- King
- State
- Washington
- Longitude
- -122.115
- Latitude
- 47.3527
