Description

This investment opportunity consists of two contiguous parcels totaling 34,919 square feet in a highly visible and strategically located area of Shoreline. The property includes a 4,400-square-foot office and retail building featuring approximately 800 square feet of warehouse space, a full HVAC system, and on-site parking with 13 stalls, as well as a separate 1,040-square-foot residential duplex. Zoned CB, the site allows for a broad range of commercial uses and offers significant flexibility for investors, owner-users, or developers. Currently generating approximately $11,906 in monthly net income, the property provides immediate cash flow while also presenting strong long-term redevelopment potential. Situated near the intersection of NE 145th Street and Lake City Way, the site benefits from exceptional visibility with more than 56,800 vehicles passing daily. Its convenient access to SR 522, SR 523, and Interstate 5 enhances connectivity throughout the region, while the surrounding mix of retail, service, and commercial businesses supports continued demand and future growth. Offered at $3,150,000, this asset combines stable income, prime exposure, and redevelopment upside in one of Shoreline’s key commercial corridors.