• Shoreline Multi Family Site - 16325 5th Ave NE, Shoreline, WA 98155

For Sale

Multi-Family

For Sale

This property is available for sale
2.59
Acres
Negotiable
Sale Price
  • Year Built
    1954
  • Overview

    The Andover Company is pleased to offer the Sale of the Black Brandt Property (Shoreline Redevelopment Site), located at 16325 5th Ave NE, Shoreline, WA. The property sits on 2.59 Acres (112,791 SF) and consists of one free standing concrete block (CMU) building totaling approximately 24,020 square feet that is currently being used as a service industrial facility for MV Public Transportation. The site is fenced and paved, except for a portion on the southwest side of the building. MV uses the majority of the site for bus and other public transportation vehicle parking. Located at 165th and 5th NE, the Black Brandt Property is less than 1 mile north of the new Link Light Rail Park and Ride at 145th Street & Interstate 5. A bus stop (#347) is located adjacent to the site and is less than a 5 minute ride away from both bus and future Link connections. By car, this mass transit depot is approximately 2 minutes away. There are also designated bike lanes both north and south along 5th Avenue NE. There is ingress/egress on both 5th Avenue NE and 165th.

Contact or Call

For Lease

Multi-Family
Land
Retail

Shoreline Multi Family Site

Available now!
112,791
Square feet
  • Time on Market
    8 months
  • Last updated
    Mar 06, 2024
  • Space ID
    2144302
  • Overview

    Large, flat rectangular parcel that is highly sought after by high density multifamily developers and investors.

    Potential in place income to offset carrying costs during entitlement process.

    Close to efficient public transportation, Shoreline schools and parks.

    Established neighborhood area (vs. Hwy 99 high density corridor).

    Link Light Rail connections at 145th and 185th scheduled to be completed in 2024.

  • Presented By
    The Andover Company, Inc.
    SHANE MAHVI
    Brian Bruininks
Contact or Call

Property Details

The Andover Company is pleased to offer the Sale of the Black Brandt Property (Shoreline Redevelopment Site), located at 16325 5th Ave NE, Shoreline, WA. The property sits on 2.59 Acres (112,791 SF) and consists of one free standing concrete block (CMU) building totaling approximately 24,020 square feet that is currently being used as a service industrial facility for MV Public Transportation. The site is fenced and paved, except for a portion on the southwest side of the building. MV uses the majority of the site for bus and other public transportation vehicle parking. Located at 165th and 5th NE, the Black Brandt Property is less than 1 mile north of the new Link Light Rail Park and Ride at 145th Street & Interstate 5. A bus stop (#347) is located adjacent to the site and is less than a 5 minute ride away from both bus and future Link connections. By car, this mass transit depot is approximately 2 minutes away. There are also designated bike lanes both north and south along 5th Avenue NE. There is ingress/egress on both 5th Avenue NE and 165th.

  • Property Type
    Multi-Family
  • Amenities
    • Rail access
    • Natural light
    • Onsite parking
    • Highway access
  • Submarket
  • Year Built
    1954
  • Total Acres
    2.59
  • Total Available
    112,791RSF
  • Number of Floors
    1
  • Largest Contiguous
    112,791RSF
  • Number of Buildings
    1
  • Typical Floor
    1RSF
  • Building Class
    C
  • Parking Ratio
    7.45
  • Zoning
    R24
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Last updated
    Mar 06, 2024
  • Property ID
    2228044

Landlord's Leasing/Sales Representatives

  • SHANE MAHVI
    The Andover Company, Inc.
     
  • Brian Bruininks
    The Andover Company, Inc.