Six Parcel Assemblage in Shoreline TOD
Land | 1.02 acres
Marketing description
NXNW Real Estate is excited to present the Six on 6th Ave NE Assemblage near the Shoreline South/148th St. Station; a Transit-Oriented Development (TOD) site with six (6) parcels zoned MUR-70. The area is well-suited for redevelopment in conjunction with the light rail, offering convenient access throughout the I-5 corridor. Located immediately north of the Seattle city limits, Shoreline has excellent economic opportunities to support population growth.
Investment highlights
Properties are occupied. Do not disturb tenants.
Contact brokers for a massing study from Clark | Barnes.
+216 UNITS
+ Transit-Oriented Development (TOD) zoned MUR-70 (up to 70' high and no FAR calc required)
+ Height bonus available via City of Shoreline.
+ Located just east of the Shoreline South/148th St Station that opened August 29th, 2024.
+ Excellent site geometry with the assemblage running 130 ft East/West and 250 ft North/South.
+ Owners are contractually bound to sell together.
+ Many large developers have built projects in Shoreline, such as Shea Properties, Trammell Crow, Mill Creek, Evergreen Point, Pulte, and Intracorp.
+ Close to Paramount Parks
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