Shoreline Multi Family Site

For Sale

16325 5th Ave NE, Shoreline, WA 98155

This Shoreline property for sale is located at 16325 5th Ave NE. The current listed sale price for Shoreline Multi Family Site is Subject To Offer. Shoreline Multi Family Site is situated on a lot that is 113,816 acre in size.

Contacts

broker

Brian Bruininks

The Andover Company, Inc./CORFAC International

(206) 336-5324

Property Details

  • Property Type Multi-Family
  • Property Size 24,020 SF
  • Units 600
  • Lot Size 113,816 Acre
  • Parking Spaces Avail. 179
  • Parking Ratio 7.45 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1955
  • Date Updated Jan 11, 2024
The Andover Company is pleased to offer the Sale of the Black Brandt Property (Shoreline Redevelopment Site), located at 16325 5th Ave NE, Shoreline, WA. The property sits on 2.59 Acres (112,791 SF) and consists of one free standing concrete block (CMU) building totaling approximately 24,020 square feet that is currently being used as a service industrial facility for MV Public Transportation. The site is fenced and paved, except for a portion on the southwest side of the building. MV uses the majority of the site for bus and other public transportation vehicle parking. Located at 165th and 5th NE, the Black Brandt Property is less than 1 mile north of the new Link Light Rail Park and Ride at 145th Street & Interstate 5. A bus stop (#347) is located adjacent to the site and is less than a 5 minute ride away from both bus and future Link connections. By car, this mass transit depot is approximately 2 minutes away. There are also designated bike lanes both north and south along 5th Avenue NE. There is ingress/egress on both 5th Avenue NE and 165th.

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Highlights

  • Large, flat rectangular parcel that is highly sought after by high density multifamily developers and investors.
  • Potential in place income to offset carrying costs during entitlement process.
  • Close to efficient public transportation, Shoreline schools and parks.
  • Established neighborhood area (vs. Hwy 99 high density corridor).
  • Link Light Rail connections at 145th and 185th scheduled to be completed in 2024.

Getting around

  • 47/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Shoreline, WA
  • Neighborhood Ridgecrest
  • Zip Code 98155
  • Market Seattle

Points of Interest

  • Northgate

    3.11 miles

  • Roosevelt

    4.95 miles

  • Edmonds

    5.16 miles

  • U District

    6.08 miles

  • 119th Pl NE & NE 144th Pl

    6.75 miles

  • University of Washington

    6.84 miles

  • University of Washington

    6.85 miles

  • Fairview & Campus Drive

    8.33 miles

  • Lake Union Park

    8.46 miles

  • Terry & Mercer

    8.57 miles

  • Safeway Fuel Station

    0.76 miles

  • 76

    0.94 miles

  • Chevron

    1.02 miles

  • Shell

    1.12 miles

  • CHEVRON

    1.17 miles

  • QFC

    1.17 miles

  • Arco

    1.71 miles

  • Chevron

    1.79 miles

  • Chevron

    2.00 miles

  • Chevron

    2.02 miles

  • Car Park

    1.06 miles

  • Sears Lot (Student Parking)

    1.23 miles

  • Shoreline United Methodist Church Park and Ride

    1.41 miles

  • Staff Parking

    1.52 miles

  • Visitor Parking

    1.55 miles

  • Greenwood Lot (Student Parking)

    1.59 miles

  • Student Parking

    1.60 miles

  • Student Parking

    1.66 miles

  • Shoreline Park & Ride

    1.66 miles

  • Staff Parking

    1.67 miles

  • Comfort Inn & Suites

    1.59 miles

  • Days Inn by Wyndham Seattle Aurora

    1.90 miles

  • Studio 6 Extended Stay

    2.30 miles

  • Nites Inn Motel

    2.41 miles

  • Hotel Nexus

    2.70 miles

  • Courtyard Seattle Northgate

    2.81 miles

  • The Lodge at Saint Edward State Park

    3.32 miles

  • Hampton Inn & Suites

    3.38 miles

  • Columbus Motor Inn

    3.50 miles

  • Crown Inn

    3.56 miles

  • Safeway

    0.72 miles

  • Trader Joe's

    0.99 miles

  • Safeway

    1.00 miles

  • Parkwood Plaza

    1.05 miles

  • Marshalls

    1.11 miles

  • Central Market

    1.21 miles

  • Fred Meyer

    1.44 miles

  • Cash & Carry

    1.79 miles

  • Asian Food Center

    1.82 miles

  • Sprouts Farmers Market

    1.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Bruininks

The Andover Company, Inc./CORFAC International

(206) 336-5324