2354 148Th StShoreline, WA 98133

Property Details for 2354 148Th St

Lot size

3.78 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 3.78-acre assemblage in Shoreline, WA, presents a remarkable Transit-Oriented Development (TOD) opportunity. Comprising twenty parcels (APN: 180390-0090, 180390-0085, 288170-0585, 288170-0580, 180390-0035, 180390-0040, 180390-0045, 180390-0080, 180390-0050, 180390-0075, 180390-0055, 180390-0070, 180390-0060, 180390-0065, 288170-0583, 288170-0573, 288170-0584, 288170-0571, 288170-0572, 288170-0570), this property is zoned MUR-45, allowing for mixed-use residential development up to 45 feet in height with no floor area ratio (FAR) limit. Located at 2354 N 148th St, Shoreline, WA 98133, the site benefits from its proximity to the Shoreline South/148th St Station, opening August 29, 2024, and a new pedestrian overpass under construction providing easy access to the transit platform. The area is experiencing significant growth, with new apartment buildings planned for 2024 and 2025, and is adjacent to Twin Ponds Park, offering recreational amenities. The I-5 on-ramp is conveniently located nearby, providing excellent access for commuters. This is a unique opportunity for developers to capitalize on the thriving Shoreline market, situated near Seattle yet within a smaller municipality actively promoting growth and redevelopment. All owners are contractually obligated to sell together. Properties are currently occupied

Location Insight

City

Shoreline

County

King

State

Washington

Latitude

47.7363

Longitude

-122.329

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