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16325 5th Ave NE 24,020 SF Retail Building Shoreline, WA 98155 For Sale

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Investment Highlights

  • Large, flat rectangular parcel
  • Situated within an established residential neighborhood
  • Significant in-place income
  • Benefit from Link Light Rail connections

Executive Summary

The Andover Company, Inc. is pleased to present this exceptional owner/user opportunity in the heart of Shoreline, Washington. This offering represents a rare chance to acquire a strategically located property with prior redevelopment planning and significant upside potential in a rapidly growing submarket. With strong fundamentals, favorable zoning dynamics, and increasing demand for multi-family housing, this site is well-positioned for owner/users, investors, or developers seeking to capitalize on continued growth in the North Seattle corridor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,020 SF
Building Class
C
Year Built
1955
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
2.60 AC
Zoning
R24 - CB (Community Business)
Parking
179 Spaces (7.45 Spaces per 1,000 SF Leased)
Frontage
382’ on 5th Ave NE

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 24,020 SF
  • Flex
  • -
  • Now

The Andover Company, Inc. is pleased to present this exceptional owner/user opportunity in the heart of Shoreline, Washington. This offering represents a rare chance to acquire a strategically located property with prior redevelopment planning and significant upside potential in a rapidly growing submarket. With strong fundamentals, favorable zoning dynamics, and increasing demand for multi-family housing, this site is well-positioned for owner/users, investors, or developers seeking to capitalize on continued growth in the North Seattle corridor.

Space Size Space Use Position Available
1st Floor 24,020 SF Flex - Now

1st Floor

Size
24,020 SF
Space Use
Flex
Position
-
Available
Now

1st Floor

Size 24,020 SF
Space Use Flex
Position -
Available Now

The Andover Company, Inc. is pleased to present this exceptional owner/user opportunity in the heart of Shoreline, Washington. This offering represents a rare chance to acquire a strategically located property with prior redevelopment planning and significant upside potential in a rapidly growing submarket. With strong fundamentals, favorable zoning dynamics, and increasing demand for multi-family housing, this site is well-positioned for owner/users, investors, or developers seeking to capitalize on continued growth in the North Seattle corridor.

Nearby Major Retailers

The YMCA
Starbucks
Safeway
U.S. Bank
KeyBank
Trader Joe's
Goldfish Swim School
Orangetheory Fitness
Chase Bank
BECU

Property Taxes

Property Taxes

Parcel Number
730130-0185
Land Assessment
$5,639,500
Improvements Assessment
$1,000
Total Assessment
$5,640,500
  • Listing ID: 39545991

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 16325 5th Ave NE, Shoreline, WA 98155

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