Greenacres, WA 99016 125 N Flora Rd

Prime Investment Opportunity! Unlock the potential of this versatile 0.49-acre parcel, ideally situated in the heart of Greenacres. Zoned CMU (Corridor Mixed-Use), this property offers a wide range of development possibilities—including multi-family housing (10-11 units), apartments, storage units, or commercial ventures. Currently on site is a spacious 1,697 sq.ft. double-wide manufactured home; featuring 4 bedrooms and 3 remodeled bathrooms with new vinyl windows and LVP flooring throughout home - ideal for rental income or temporary occupancy during redevelopment. The oversized, level lot also includes a massive 4-car shop, adding value and flexibility for future plans. Whether you’re looking to develop a high-demand multi-family project or invest in long-term growth, this property delivers location, zoning, and scale in one powerful package.