1228 NE 180th St - Commercial LAND FOR SALE


Shoreline, WA 98155 23,013 SF
$2,850,000 USD
206-367-4720
1228 NE 180th St, Shoreline, WA for Sale
$2,850,000 USD
Commercial LAND - FOR SALE
1/11
23,013 SF

1228 NE 180th St
Shoreline, WA 98155


HIGHLIGHTS

  • Level Lots with 179' of Easy Access Street Frontage
  • Yield of 16+ townhomes w/Private Garage
  • Exit value per townhome of $850-900K

OVERVIEW

Sold as a package (Tax IDs: 616390-0412, 616390-0414 & 616390-0415). Approx span of 180' X 128' (Aggregate SF +/-23,000). This unique opportunity estimates a yield of approximately +/- 16 townhomes. The value lies in the land & location. Close to North City Business District on 15th Ave NE & close to major freeways, light rail station, schools, churches & vibrant amenities. This thriving community is leading the transformation to an urban metropolis. Existing homes are "lease-ready" condition. Buyer to verify all information. Evaluate from Street - please do not disturb owners or tenants. No Keybox, do not walk on property. Please use discretion when driving by. 1216 tenant occupied. 1222 & 1228 are owner occupied. Tours available for qualified buyers only. Properties are in good, rentable condition while obtaining permits and entitlements. Use CBA- PSA for each individual property uploaded in NWMLS. Preliminary title opened with Fidelity: 611345274, 611345275 & 611345276.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/ACRE

$5,394,837/AC

PRICE/SF

$124 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Shoreline Land For Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Planned Unit Development, Single Family Development, Single Family Residence

LAND ACRES

0.53 AC

LAND SF

23,012 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

MUR 35

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kathe TrostWindermere Real Estate/FnMore Info
206-367-4720

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Kathe TrostWindermere Real Estate/FnMore Info
206-367-4720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.