14878 6Th Ave Shoreline, WA 98155

This exceptional 7,440 square foot property, located at the southeast corner of 152nd and 6th Ave NE in Shoreline, Washington (APN 756870-0560), presents a remarkable investment opportunity. Situated within Shoreline's 145th Street Light Rail Station subarea, this MUR-70 zoned lot allows for the development of a mixed-use project up to seven or more stories, subject to city approvals. The existing house and garage are in excellent condition and could provide rental income during the permitting process, or serve as a buy-and-hold investment while development plans are finalized. The City of Shoreline will issue a rebuild letter, permitting an increase of over 50% in square footage upon remodeling or rebuilding. This presents a significant opportunity for developers seeking to capitalize on the area's growth and the city's incentives for affordable housing development. The property's prime location and flexible zoning make it ideal for a variety of mixed-use projects. Assemblage possibilities are also welcomed. All information should be verified by the buyer to ensure it aligns with their intended use and complies with Shoreline city allowances. Built in 1942, this property offers a unique blend of existing structure and future development potential.