23660 Marine View Dr S $12,500,000

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    23660 Marine View Dr S Des Moines, WA 98198

    • 30.30 Acres
    • Commercial/Industrial
    Listing# 1170770 | Pending

    $12,500,000

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    Days On Market: 750 356 Views
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    Property Details

    Landmark on the Sound, timing & location could not be better for this truly unique investment opportunity with a wide range & variety of mixed uses in the heart of a revitalized Des Moines, WA. Developed in 1926, this elegant, 5-story 118,000 SF main structure & its 1960s addition of 3 wings (65,000 SF) sit on 27 acres of gentle sloped property w/16 acres of wooded land & expansive 180 degree views facing West of the Puget Sound & Olympic Mountains, and East views of Mt. Rainier.

    • General Features
      • County King
      • Zoning Class Commercial, Multi-Family, Residential
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 153,283
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
      • Lot Dimensions 30.3
    • Building Features
      • Exterior Brick, Cement/Concrete, Stone, Wood
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 1,319,850
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Des Moines
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $12,296
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2017

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    Neighborhood

    98198 (Des Moines) Demographics

    38Median Age
    4,724Population Density (per sq. mile)
    33%College Educated
    $57,884 Estimated Median Income
    7,322Estimated Total Home Owners
    6,060Estimated Total Renters
    55% / 45%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    36,768Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $407,000 Median Sales Price
    45 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,500,000
        6/13/2019 10:01:05 AM Status Changed Source New Value: Pending
        5/7/2019 4:11:11 PM Status Changed Source New Value: Active
        5/7/2019 4:11:11 PM Price Reduced Source New Value: $12,500,000 -37.5%
        8/3/2017 4:34:00 PM New in Database Source New Value: $20,000,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.