This exceptional 3.78-acre assemblage in Shoreline, WA, presents a remarkable Transit-Oriented Development (TOD) opportunity. Comprising twenty parcels (APN: 180390-0090, 180390-0085, 288170-0585, 288170-0580, 180390-0035, 180390-0040, 180390-0045, 180390-0080, 180390-0050, 180390-0075, 180390-0055, 180390-0070, 180390-0060, 180390-0065, 288170-0583, 288170-0573, 288170-0584, 288170-0571, 288170-0572, 288170-0570), this property is zoned MUR-45, allowing for mixed-use residential development up to 45 feet in height with no floor area ratio (FAR) limit. Located at 2354 N 148th St, Shoreline, WA 98133, the site benefits from its proximity to the Shoreline South/148th St Station, opening August 29, 2024, and a new pedestrian overpass under construction providing easy access to the transit platform. The area is experiencing significant growth, with new apartment buildings planned for 2024 and 2025, and is adjacent to Twin Ponds Park, offering recreational amenities. The I-5 on-ramp is conveniently located nearby, providing excellent access for commuters. This is a unique opportunity for developers to capitalize on the thriving Shoreline market, situated near Seattle yet within a smaller municipality actively promoting growth and redevelopment. All owners are contractually obligated to sell together. Properties are currently occupied
Highlights
3.78-acre assemblage of 20 parcels in Shoreline, WA, zoned MUR-45 for mixed-use development up to 45 feet, with no FAR limit.
Prime Transit-Oriented Development (TOD) location west of the Shoreline South/148th St Station (opening August 29, 2024), less than 1,000 feet from a new pedestrian overpass.
Entire block available; all owners are contractually obligated to sell together.
Strong development history in Shoreline with projects by Shea Properties, Evergreen Point, Pulte, and Intracorp.
Property Details
for 2354 148Th St
Property type
Land
Lot Size (sq. ft)
164,657 SF
Location Insight
City
Shoreline
County
King
State
Washington
Latitude
47.73629821
Longitude
-122.32892818
Nearby Similar for Sale
For Sale
$695,000
Shoreline Mixed-Use Property
Prime Shoreline location, redevelopment potential.
The property is located at 2354 148Th St Shoreline, WA.
What are key features of this property?
This property features: 3.78-acre assemblage of 20 parcels in Shoreline, WA, zoned MUR-45 for mixed-use development up to 45 feet, with no FAR limit.; Prime Transit-Oriented Development (TOD) location west of the Shoreline South/148th St Station (opening August 29, 2024), less than 1,000 feet from a new pedestrian overpass.; Entire block available; all owners are contractually obligated to sell together.
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Contacts
Steve Clark, CCIM
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148Th St Shoreline, WA 98133
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148Th St Shoreline, WA 98133
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2354 148Th St
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