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Maywood Motel 16526 Aurora Ave N 19 Room Hotel Shoreline, WA 98133 $2,300,000 ($121,053/Room) 10.68% Cap Rate

Hotels Washington 16526 Aurora Ave N, Shoreline, WA 98133

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Investment Highlights

  • 10% stabilized cap rate
  • 165th & I-99 in Shoreline - Assemblage Opportunity (~1.59 acres)
  • 22,341 SF (0.51 acre) Mixed Business (MB) zoned site with redevelopment potential

Executive Summary

Delivered vacant, this 22-room motel near the intersection of 165th & Aurora Avenue / I-99 in Shoreline presents an attractive value-add opportunity for experienced hospitality investors.  The site also offers the option for upside through redevelopment as a 22,341 SF (0.51 acre) development site with flexible Mixed Business (MB) zoning and potential to redevelop for residential or commercial use.  Note assemblage opportunity with adjacent parcels.

Attachments

Maywood Motel OM Final

Financial Summary (Pro Forma - 2027) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,300,000 Building Class C
Price Per Room $121,053 Lot Size 0.51 AC
Sale Type Investment Building Size 3,868 SF
Cap Rate 10.68% No. Rooms 19
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
 No. Stories 1
Property Type Hospitality Year Built 1948
Property Subtype Hotel Corridor Exterior
Zoning MB, Shoreline - ZONING SUMMARY: Mixed Business (MB) Zone (Shoreline, WA) Height Limit: 70 ft Floor Area Ratio (FAR): No maximum FAR
Price $2,300,000
Price Per Room $121,053
Sale Type Investment
Cap Rate 10.68%
Sale Conditions
Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.51 AC
Building Size 3,868 SF
No. Rooms 19
No. Stories 1
Year Built 1948
Corridor Exterior
Zoning MB, Shoreline - ZONING SUMMARY: Mixed Business (MB) Zone (Shoreline, WA) Height Limit: 70 ft Floor Area Ratio (FAR): No maximum FAR

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 19 $42.00 -

Links

1 1
16526 Aurora Ave N, Shoreline, WA - Aerial map view - Image1
16526 Aurora Ave N, Shoreline, WA - Aerial map view - Image2
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 525430-0015 Improvements Assessment $613,100 (2025)
Land Assessment $1,675,500 (2025) Total Assessment $2,288,600 (2025)

Property Taxes

Parcel Number
525430-0015
Land Assessment
$1,675,500 (2025)
Improvements Assessment
$613,100 (2025)
Total Assessment
$2,288,600 (2025)
(206) 805-2467

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Contact the broker for more information about this property

Contact

  • Listing ID: 42089896

  • Date on Market: 9/8/2026

  • Last Updated:

  • Address: 16526 Aurora Ave N, Shoreline, WA 98133

The Hospitality Property at 16526 Aurora Ave N, Shoreline, WA 98133 is currently available for Sale. Contact Heartland LLC for more information.

HOSPITALITY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
16526 Aurora Ave N, Shoreline, WA for sale Building Photo- Image 1 of 8
Frontage
16526 Aurora Ave N, Shoreline, WA for sale Building Photo- Image 2 of 8
Existing 22-Room Motel
16526 Aurora Ave N, Shoreline, WA for sale Building Photo- Image 3 of 8
I-99N Approach
16526 Aurora Ave N, Shoreline, WA for sale Aerial- Image 4 of 8
Birds Eye View
16526 Aurora Ave N, Shoreline, WA for sale Site Plan- Image 5 of 8
Massing - Multifamily Development
16526 Aurora Ave N, Shoreline, WA for sale Building Photo- Image 6 of 8
Exterior
16526 Aurora Ave N, Shoreline, WA for sale Aerial- Image 7 of 8
Site Parcel Outline
1 of 1

Contact the Sale Advisor

Maywood Motel | 16526 Aurora Ave N

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