Investor opportunity in the heart of Columbia City. Bring your vision. This six thousand three hundred fifty-eight square foot lot with an existing spacious vintage craftsman offers two clear paths: renovate the classic home and add density behind it, or build new by taking advantage of the permit-ready six-unit townhome project already designed by Cone Architecture. Choose to renovate and you will find the existing home offers the bones to create something special, featuring a functional main-floor layout, three bedrooms upstairs, and an unfinished basement adding further upside. The back yard offers ample space to build two to three new homes, providing the option to take your investment to the next level. Alternatively, choose to start fresh with a brand new townhome community, featuring everything the modern new construction buyer is seeking - large three to four bedroom floorplans, roof top decks and parking for all homes. Whichever direction suits your model, location is a proven draw: near Columbia City Link Light Rail, PCC Community Markets, and the Rainier Avenue South retail and dining corridor. Whether you are penciling a rehabilitation plus added density play or a full ground-up redevelopment, the lot size, location and permit-ready plans create one of the stronger value-add opportunities to hit Columbia City in a while. Full architectural and structural plans available on request. Reach out today for more information or to book a site visit!