SE 272nd & Covington Way, Covington
New Covington Center within half mile of site
New $42M Valley Medical Center
New Multicare Hospital - $172M - 54 beds, radiology and oncology
COVINGTON GATEWAY
Located at the intersection of Highway 18 and SR 516. This is an outstanding opportunity to potentially lease space or buy a site suitable for a Class A 14,000 square foot office/professional building in south King County’s highest income demographic on a huge 2.5 acre site.
- Price reduced to $975,000
- Land and building permit ready
- 2.5 acre site with approximately 45,000 square feet of net usable site area
- Over 300 feet of Highway 516 (SE 272nd Street) frontage
- Office/professional building of up to 14,000 square foot potentially available
- Excellent demographic
- 5 mile average household income: $80,565/year
- 5 mile population: 111,443
- Natural setting with excellent access
- 38,000 plus average daily traffic