1234 145th St Shoreline, WA 98155-7134
Property summary
This exceptional 0.13-acre mixed-use property at 1234 NE 145th St, Shoreline, WA 98155, is offered at $695,000. The 3,508 square foot building sits on a fenced lot and is currently 100% occupied. The property presents a unique opportunity for investors seeking a quick sale and significant upside. Currently zoned for mixed-use, future zoning of MUR-70 (mixed-use residential) allows for development up to seven stories, as detailed in the 145th St Station Subarea Planned Action. A variety of uses are permitted, including business, office, and residential, subject to city approval. The property is ideally situated near public transit, offering convenient access to the surrounding area. While the building requires cosmetic updates, its potential for significant renovation or redevelopment is substantial. A 2024 as-built drawing is available. The sale is as-is/where-is, and the asking price reflects a desire for a fast closing. Buyers are responsible for verifying the building and lot size with the city and confirming permitted uses. A new sign is forthcoming.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the community business zone CB is to provide location for a wide variety of business activities, such as convenience stores, retail, personal services for the local community, and to allow for apartments a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
CB · Shoreline, WAThe purpose of the community business zone CB is to provide location for a wide variety of business activities, such as convenience stores, retail, personal services for the local community, and to allow for apartments a…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for CB in Shoreline, WA.
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