18516 8th Avenue NE
Shoreline, WA 98155
0.27 acres | #2278911
Description
Prime 11,739 SF parcel steps from Sound Transit 185th St Light Rail Station (Aug 31, 2024). 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 some or 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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Available
- Lot DescriptionCorner Lot, Paved
- Style42 - Multi-Family
- Date ListedAugust 16, 2024
- Structure TypeMulti Family
- Sewer InformationOn Property
- Utility SourceOn Property
- SubdivisionNorth City
- Original List Price$2,200,000
- School DistrictShoreline
- Property TypePurchase
- Taxes Annual$11,167
- MLS #2278911
- Cost2200000
- MLS #2278911
- Acres0.2695
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)126
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-14 16:18:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: J.C. Gagnaire (#NWM98036)
Listing Office: Windermere R.E. Shoreline (#NWM7247)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
