$798,000
Meridian Park Development Site
Listing Type: For Sale
Property Type: Land, Multi-Family
Status: Pending
CBA ID#: 643750
1815 N 185th St
Shoreline, WA 98133

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Commercial Property

Marketing Description:

Attention developers and investors! The Wynn Group is excited to bring to the market this large parcel in the Meridian Park Neighborhood with excellent development potential. The neighborhood is changing, this is easily recognizable with just a quick drive down N 185th. New townhome projects are popping up as the light rail construction closes in. This parcel is one of the largest on the block at 9,572 SF with the MU-45 zoning. The sellers have some spec plans for a 5-unit townhome complex which can be shared upon request. Property currently has a 2 Bed 1 Bath house that could be an easy rental as you work with the City of Shoreline on permitting or put a Tenant in and hold it for a future buy out, as the development inevitable. Don’t wait until all the development opportunities are taken

Land Features:

  • Lot Size: 9570 SqFt
  • Lot Acreage: 0.22 Acres
  • Zoning: MUR-45

Building Features:

  • Building Size: 880 SqFt
  • Number of Floors: 1
  • Cap Rate: 0.00%
  • Year Built: 1919
This Listing Supplied Courtesy of The Wynn Group
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity