Town Center Property Near 236th/56th For Sale

A property near the southwest corner of 236th St SW and 56th Ave W has been listed for sale. It was listed a while ago but a recent price reduction brought the listing price down to $339,000. 

The property is in the Town Center Sub-District B zone which allows building height up to 5 stories, though redevelopment of the property may not feasible without combining it with neighboring properties.

The cost per acre come in just under $1.8 million, which is lower than most of the other Town Center BC/D zoned properties that are currently for sale.

Here is the description from the listing:

Live and work all on the same property. Great investment opportunity zoned BC/D-Community Business Downtown. Great End User Property. Hair Salon, Attorney, Accountant, etc. or any type of business. Redevelopment potential with zoning for a two, three, or four story building.

You'll notice that the listing mentioned redevelopment potential for a two, three, or four story building. This is actually incorrect as the zoning of that property was modified last October and now allows three, four, or five stories.