14701 8Th Ave Shoreline, WA 98155

Exceptional development opportunity in Shoreline, WA, presents a 1.847-acre assemblage of nine parcels zoned MUR-70, allowing for up to seven stories. This prime location directly fronts 6th and 8th Ave NE, offering unparalleled access to the 148th St Light Rail station, creating a perfect light rail village opportunity. The site boasts an aggregate land area of 80,465 square feet, with 66,876 square feet buildable. A completed memorandum of understanding ensures seamless cooperation among sellers for a streamlined acquisition process. The property is ready for immediate design and permitting, with a preliminary feasibility study already completed, proposing a 381-unit development plan and massing study. Existing homes on the site are in lease-ready condition, offering 11,430 square feet of livable space, presenting potential for immediate income generation. The property is located at 14701 8th Ave NE, Shoreline, WA 98155 (APN 7568700665) and is offered at $13,000,000. Buyer is responsible for verifying all information to their satisfaction and intended use. This is a unique chance to capitalize on the burgeoning growth around the light rail, with potential for a ground floor retail component, such as a grocery store.