355 Richmond Beach Road
Office | 26,277 SqFt
Marketing description
Kidder Mathews is pleased to present 355 Richmond Beach Road, a rare owner-user and investment opportunity in the heart of Shoreline, Washington. Offering 26,277 square feet across a single-story building and basement, the property combines 15,730 RSF of newly constructed space delivered in 2023 with extensively renovated existing space, resulting in a modern, move-in ready facility that requires no additional capital investment to occupy.
Situated on 1.26 acres along NW Richmond Beach Road with strong frontage and visibility, the property benefits from its Neighborhood Business (NB) zoning, one of the most flexible commercial designations in Shoreline's municipal code. Medical office, outpatient clinics, professional office, retail, personal services, restaurants, veterinary, daycare, and nursing facilities are all permitted outright, giving a new owner the ability to configure the space for virtually any business vision without the time or cost of rezoning.
The surrounding community is among the most desirable on the Puget Sound, with a population of nearly 66,000 and average household incomes exceeding $169,000 within the immediate trade area. The property sits within minutes of major arterials including Aurora Avenue and Interstate 5, providing convenient access to the broader north Seattle and Eastside markets.
Investment highlights
- Premium Visibility in a High-Income Neighborhood - Situated in one of the most desirable communities on the Puget Sound, 355 Richmond Beach Road offers outstanding visibility, accessibility, and quality of place for businesses and their customers alike. The surrounding area features a strong and growing base of high-income residents with demand for quality goods, services, and professional offerings. Proximity to major arterials and established commercial corridors further enhances the property's appeal and long-term value for a wide range of owner-users and investors.
- 2023 Ground-Up and Extensive Renovation - The Property offers 15,730 RSF of newly constructed space delivered in 2023 alongside 3,554 RSF of heavily renovated existing space and 6,993 RSF of basement, combined for 26,277 RSF of modern, move-in ready commercial space. Building systems, finishes, and infrastructure have been fully updated throughout, and the parking lot has been repaved and re-striped. An owner-user or investor can take occupancy immediately without the time, cost, and disruption of a ground-up build-out.
- Flexible Zoning Creates Adaptive Reuse Potential - 355 Richmond Beach Road's Neighborhood Business (NB) zoning supports an exceptionally broad range of uses, giving an owner-user or investor the freedom to configure the space for virtually any business vision. From medical and dental practices to professional office, personal services, and retail, the designation welcomes a wide tenant universe without the time and cost of rezoning. The building provides an ideal canvas for a new occupant to create a purpose-built facility tailored entirely to their operational needs.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
