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12484551
12484552

16325 5th Ave NE, Shoreline, WA 98155

BB
WA 24568
The Andover Company, Inc.
SM
WA WA 130707
The Andover Company, Inc.- Kent, WA
Listed by The Andover Company, Inc., The Andover Company, Inc.- Kent, WA
Unpriced
1017 days on market
Updated 26 days ago

Shoreline Multi Family Site

Details
APN 730130-0185
Property Type Mixed Use, Multifamily (+3)
Sub Type Apartment Building, Religious/Church (+1)
Square Footage 24,020
Net Rentable (SqFt) 24,020
Units 385
Occupancy 100%
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1955
Buildings 1
Stories 1
Acreage 2.590
Zoning Community Business (CB)
Investment Type Value Add
Ceiling Height 24
Sale Condition For sale by owner

Net leased, redevelopment opportunity, 385+ potential units, between new Link Light Rail stops

Marketing description

The Andover Company is pleased to offer the Sale of the Black Brandt Property, 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 and is leased to King County until June 30th, 2027. The site is fenced and paved, except for a portion on the southwest side of the building. King County 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.

Investment highlights

  • 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.

Listing Contacts

BB
WA 24568
The Andover Company, Inc.
SM
WA WA 130707
The Andover Company, Inc.- Kent, WA
Listed by The Andover Company, Inc., The Andover Company, Inc.- Kent, WA

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Zoning

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CB CommercialNeighborhood CommercialCommunity Business
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Bruininks
License
24568
Brokerage
Andover Company
Title
Principal
Name
Shane Mahvi
License
WA 130707
Brokerage Phone
8584420441
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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