Eastlake Redevelopment Opportunity

Located in one of Seattle’s most desirable neighborhoods, 2316 Franklin Avenue E has an existing single family residence on it. This redevelopment opportunity, with its flexible zoning code of LR3 (M), will allow for an apartment building, townhomes, or rowhouses to be built. This site is part of Seattle’s Urban Village designation, so no parking is necessary and has a height allowance of 50 feet. The combined lot size is 11,550 square feet with an FAR of 2.3. Buyer to verify all information and conduct its own feasibility.