The property offers an investor or developer the opportunity to own a 13,000+ square foot rectangular lot that is ripe for development or hold for future development. The property currently operates as the Park Plaza Motel. The motel currently nets over $120,000 per year with a full time manager on site. The property is located on the southern part of Aurora Avenue. The lot is a corner parcel zoned LR3-RC and C1-40’ with views towards South Lake Union and downtown Seattle.
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Listing Courtesy ofParagon Real Estate Advisors