18516 8th Avenue NE Shoreline, WA 98155
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Shoreline / JC Gagnaire / Chris Haynes

  18516 8th Avenue NE Shoreline, WA 98155

Active (116 Days)
$2,200,000

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.

MLS #:
2278911
Taxes
$11,167(2024)
Lot Size
0.27 acres
Type
Land
Building Name
Hemlock Acres Add
Style
Multi-Family
School District
Shoreline
County
King County
Community
North City

Listed By

JC Gagnaire, Windermere Real Estate/Shoreline
Chris Haynes, Windermere Real Estate/Shoreline
Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 12 2024 at 4:49 AM GMT+0000
Bathroom Details
Subdivision
  • North City
Lot Information
  • Paved
  • Corner Lot
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Natural Gas Available, Electricity Connected
  • Sewer: On Property
Additional Listing Info
  • Buyer Brokerage Compensation: 2%
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 12/11/24 20:49. 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.