Town Center District D Lot For Sale
A single family home in the Town Center District D (1-3 stories allowed) was recently listed for sale for $275,000, or $1.6 million per acre. The listing for the 1,536 sf home does mention that the property is in the "downtown business redevelopment district" but does not appear to be marketed as a commercial property.
What makes this property and block unique is that this is the only block in the Town Center that has a public alley. All the properties on this block have driveway access from the alley between 238th and 240th, not from 56th Ave W. While it is unlikely that a development project would occur on a single lot like this, the alley on the back side that is at a significantly lower elevation may make development of parcels on this block of 56th more feasible.
The only completed project since the Town Center zoning was implemented in District D has been a portion of Vineyard park at the NE corner of 57th ave W and 231st St SW.