Listed by Windermere Real Estate/Shoreline
$2,500,000
Live on the Rail at Hemlock I
Details
APN 3235100260
Property Type Land
Sub Type Residential, Commercial
Broker Co-Op Yes
Lot Size (SqFt) 11,739
Zoning MUR70
Investment Type Redevelopment
Land | 11,739 SqFt
Marketing description
Prime 11,739 SF parcel steps from Sound Transit 185th St Light Rail Station (Aug 31, 2024). Surrounded by 6 parcels (79,732 SF total) listed for sale, rapidly developing MUR70-zoned area. Ideal for foot traffic and business with the upcoming station. Unlock development potential with up to 140' feet allowed per City of Shoreline programs. Convenient access to Seattle. Anticipate value surge with imminent station opening. Combine some or all 7 parcels for significant development. Construct a 400+/- unit multifamily building to meet the growing demand in the area. Ready-to-go infrastructure on 8th Ave Ne & 185th St saves on development costs. Existing homes offer immediate rental income. Listed price reflects this one parcel.
Listing Contacts
Listed by Windermere Real Estate/Shoreline
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