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710 South St - Mabton Commercial/Residential land site

5.06 Acres of Commercial Land Offered at $525,000 in Mabton, WA 98935

Executive Summary

THIS OFFERING is for the opportunity to purchase 5.06 contiguous acres in Downtown Mabton located along WA-SR 22 and buffered by new construction to the north. The property comprises two tax parcels and is zoned MU-CR or ''Mixed-use commercial/residential.''
The zoning allows for nearly anything to be developed here, including commercial buildings up to 45' high, apartments up to 35' high, duplexes, hotels/motels, bank buildings, fruit stands, etc.
The City of Mabton has approved a preliminary 35-parcel residential plat on the parcels. An 8" water main and 8" sewer main run along the west side of the property making utilities readily accessible.
SELLER FINANCING - 25% down, 5 years, 8% interest.

Property Facts

Price $525,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 5.06 AC

1 Lot Available

Lot

Price $525,000
Price Per AC $103,755
Lot Size 5.06 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220801-14413
Land Assessment
$34,200
Improvements Assessment
$0
Total Assessment
$34,200

zoning

Zoning Code MU-CR
MU-CR
  • Listing ID: 34257307

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 710 South St, Mabton, WA 98935

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