14861 5th & 6th Ave NE, Shoreline, WA 98155

Building Details

Year Built

1947

Listing agent JACK MALEK

Listing office WINDERMERE GREENWOOD j***@windermere.com

Listing date Jun 2, 2023

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This is a rare assemblage of seven lots fronting 5th and 6th Avenues NE, zoned MUR-70, allowing for structures up to 7 stories. The property includes the corner at 6th Avenue and 152nd Street. An additional prospective eighth lot at 15124 5th Ave NE could complete the square, creating dimensions of approximately 248' x 240', for an aggregate of 59,483 square feet, or 1.37 acres. Architectural designs and renderings show potential for 268 apartments or condos with street-level commercial space on the seven-lot aggregate, or 297 apartments or condos with street-level commercial space if the eighth lot is included. The property is located in the Light Rail Station Area at 145th Street. Sellers for the seven parcels are organized with a signed memorandum of understanding. A Phase 1 Study has been completed.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Shoreline

County

King

State

Washington

Longitude

-122.328

Latitude

47.4692

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FAQs

What type of property is this?

Commercial land - Seven-lot assemblage near light rail station, zoned MUR-70.

Where is this commercial land located?

The property is located at 14861 5th & 6th Ave NE Shoreline, WA.

What is the asking price?

The asking price for this property is $9,627,955.

What are key features of this property?

This property features: Located in a Light Rail Station Area (145th St); Zoned MUR‑70, allowing for 7‑story development; Large 7‑lot assemblage (59,483 SF / 1.37 Acres)