Investment or transit-oriented redevelopment opportunity on near acre in Shoreline. Just 7 blocks from the Shoreline South/148th St light rail station, in the top rated Shoreline School District, surrounded by the city’s 400+ acres of parkland, this rapidly transforming neighborhood sits at the cusp of urban amenities including 21st century commuter connectivity. Comprised of three tax parcels including a coveted corner lot plus two adjacent tax parcels each offering a roomy, lovingly maintained residence with desirable flat, fenced yards. Strong rental histories and unparalleled development potential. Tour nearby developments one block away to glimpse the future. Invest in the path of progress while profiting from excellent rental income.
Light and bright 2 bedroom home has an open main floor featuring a gourmet kitchen with granite counters, maple cabinets and stainless steel appliances. Spacious deck off the living room. Master bedroom with en-suite bath and huge walk-in closet. 1-car garage + driveway space, guest parking and storage! Electric car outlet in the garage. Quiet park-like setting. Great location – just minutes to freeway, shopping, restaurants and Light Rain. No rental cap! Pre-Inspection attached.
Prime 7,198 SF parcel steps from Sound Transit 185th St Light Rail Station (Q4 opening). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine all 7 parcels for significant development. Construct a 400-unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.
SUPREME development opportunity, directly across from the nearly completed light rail station. MUR-70/Mixed Use Residential, no density limits, potential to build up 140 ft. If combined with available lots to the South, assemblage could total 1.83 acres approx. Pricing reflects 2 adjacent parcels #’s (3235100249 / 3235100244). Buyer to verify all info.
Directly across from new light rail station on 5th Ave NE right in the heart of in growing Shoreline! 7,440 sqft lot Zoned MUR-70 in Shoreline's new 145th Street Light Rail Station area. This zoning allows for 7+ stories, a variety of mixed uses, and city incentives for affordable housing development. Value is in land - Please do not disturb occupants. Interior viewing upon offer acceptance. Buyer to verify all info to their satisfaction. Adjacent property to the North also available MLS#2200516 for a combined 14,800 sqft lot size!
Welcome to this MUR-45 zoned property brimming with opportunity! Nearly the entire block is willing to sell and this new price will get the opportunity rolling. Presently rented this 3 bedroom 1 1/2 bath one story can provide income and a place to park your money until developer steps in to purchase and construct new apartments or townhomes. Fantastic location- just a short walk or bike ride to the 145th light rail station, now operating and completed! Investors/Buyers to verify all information and property possibilities. Tenants occupy the house, so please use discretion when viewing. Please call agent for appointment to show. Allow time to schedule.
Part of 5 LOT Assemblage at just over 47,000 SF combined in MUR70 across the street from future Shoreline Light Rail station. Mixed Use Residential. This zone would allow building heights of 70+ feet. Assemblage includes parcels tax ID#s: 3235100255, 3235100260, 3235100265, 3235100270, 3235100273. Caron Architecture prelim feasibility completed for 4 lots on 7/22/2022 listed under NWMLS listing #: 1982979. 5th parcel added July 2023 to complete assemblage of entire south end of residential block. Buyer to verify all information. Pricing in this listing is for this one parcel.
LISTING BROKER IS TENANT. Attention Investors, VALUE IS IN THE LAND! Zoned MUR-70, Mixed use Residential/Commercial. Corner lot, property sits aprox 15 feet below street level. 3 blocks from future light rail station scheduled to open in 2023. See Attachments
The median home value in Shoreline, WA is $787,500. This is lower than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Shoreline, WA is $787,500. Approximately 64.87% of Shoreline homes are owned, compared to 31.81% rented, while 3.32% are vacant. Shoreline real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shoreline real estate agent to arrange a tour today!
Shoreline, Washington has a population of 58,213. Shoreline is less family-centric than the surrounding county with 32.96% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Shoreline, Washington is $95,623. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Shoreline is 41.7 years.
The average high temperature in July is 74.2 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 36.6 inches per year, with 4.6 inches of snow per year.