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5400 MacArthur Blvd - Heights District Commercial Lot

2.39 Acres of Commercial Land Offered at £2,308,228 in Vancouver, WA 98661

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Executive Summary

Project may be eligible for the City of Vancouver MultiFamily Tax Exemption Program

AR - 2.39 Acres Heights District

Property Facts

Price	£2,308,228	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Retail
No. Lots	1	Total Lot Size	2.39 AC
Property Type	Land

Price	£2,308,228
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail
Total Lot Size	2.39 AC

1 Lot Available

Lot

Price	£2,308,228	Lot Size	2.39 AC
Price Per AC	£965,786

Price	£2,308,228
Price Per AC	£965,786
Lot Size	2.39 AC

Size: 2.39 Acres Minimum Density:30 dwelling units per acre Maximum Building Height: 50 feet Parking Minimums:1 to 1.25 spaces per dwelling unit

Description

An opportunity to be part of Vancouver’s newest redevelopment area – join in on an exciting future! The Heights District is envisioned as a vibrant neighborhood center that is sustainable, healthy, equitable, accessible and safe, and includes a mix of complementary uses, engaging public open space, diverse housing affordable to a wide range of community members and safe multimodal travel opportunities within the district and to transit and nearby neighborhoods. The purpose of the Heights Mixed Use (HX) Plan District is to implement the vision, goals, and policies of the Heights District Plan, and ensure future development is integrated, cohesive, context sensitive and contributes to the overall District Vision. The City of Vancouver is planning on investing over $70 million throughout the Heights District on parks, streets and infrastructure.

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