18510 -18522 8th Avenue NE, Shoreline WA, 98155
(Active)
$6,000,000
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MLS# 1982979
Last Updated: 5/17/2024 11:36 AM
Description for
18510 -18522 8th Avenue NE
Shoreline, WA 98155
Prime Opportunity: 3-Lot Assemblage, 35,000+ SF (.81 Acres) in MUR70 zoning, steps from 185th St Light Rail station (2025). Mixed-Use Residential with potential for 70 feet, possibly 80 feet building heights via City of Shoreline DGIP Program. Sold as a package (Additional Tax IDs: 3235100260 & 3235100255). Potential for 200 residential units, retail/office space, fitness center, courtyard, and lobby. Developer-friendly terms. Recent STS drainage upgrade adds value and reduces expenses. Plus, note that a multi-family development project is well under way across the street. Capitalize on a prime location.
Price
$6,000,000
North City
King
1982979
Active
Description
Prime Opportunity: 3-Lot Assemblage, 35,000+ SF (.81 Acres) in MUR70 zoning, steps from 185th St Light Rail station (2025). Mixed-Use Residential with potential for 70 feet, possibly 80 feet building heights via City of Shoreline DGIP Program. Sold as a package (Additional Tax IDs: 3235100260 & 3235100255). Potential for 200 residential units, retail/office space, fitness center, courtyard, and lobby. Developer-friendly terms. Recent STS drainage upgrade adds value and reduces expenses. Plus, note that a multi-family development project is well under way across the street. Capitalize on a prime location.
Listing Information
| Property Type: Land, Other | ||
| 0.81 Acres | Commercial, Multi-Family, Retail, See Remarks | |
North City
Natural Gas Available, Electricity Connected
Neighborhood
School Information
| District: Shoreline | ||
Room Information
Interior Features
Other,
None
Exterior / Lot Features
MUR70
Level
Corner Lot,Paved
Driving Directions
From I-5, 175th St Exit, East on NE 145th St, North on 5th Ave NE, East on NE 185th St, At 1st cross street, North onto 8th Ave NE. First 4 houses across the street from the future light rail station.
Financial Considerations
| 3235100265 |
Listing Price History
Shoreline Real Estate
Shoreline is located in Washington. Shoreline, Washington 98155 has a population of 58,578.
The median household income in Shoreline, Washington 98155 is $100,009. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Shoreline 98155 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 8/14/2023 | Active | $6,000,000 USD -22.08% |
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| 8/15/2022 | Active | $7,700,000 USD |
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