Property Details

14555 8th Ave NE

Shoreline, WA 98155

$950,000

Available

CBA# 712433 courtesy of CBA Listing firm: Windermere Real Estate /CIR

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Commercial

Property Type

970

Bldg Sq Ft

4.00%

Cap Rate

1942

Year Built

Property Overview

Prime investment opportunity in Shoreline with highly sought-after MUR70 (7 stories) zoning with city incentives for an affordable housing development. Located in the heart of Shoreline and a few blocks from the new light-rail station, I-5, Hamlin Park, Jackson Park golf course and Shoreline High School makes this a centralized and optimal location. The large lot size offers strong future investment potential, while the existing move-in ready home provides flexibility for investors to rent out or a primary home for owners who can secure land value for future developers to pursue. Current home is situated on a well-maintained landscaped lot and offers 3 bedrooms, 2 bathrooms and approx 1,360 square feet. Rare versatile four car detached garage in the back offers options for storage, shop or