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3204 NE 145TH STREET 2 Properties Offered at $3,150,000 in Shoreline, WA
Investment Highlights
- Two-parcel site totaling 34,919 SF with CB zoning for flexible commercial uses.
- High-visibility location with over 56,800 vehicles per day at NE 145th Street and Lake City Way.
- On-site parking with 13 stalls and full HVAC system in the main building.
- Includes a 4,400 SF office/retail building with warehouse space and a 1,040 SF residential duplex.
- Convenient access to SR 522, SR 523, and I-5, just minutes away.
- Immediate income potential with $11,906 monthly net income and redevelopment upside.
Executive Summary
This offering presents a rare opportunity to acquire two contiguous parcels totaling 34,919 SF in a highly visible Shoreline location. The site includes a 4,400 SF office/retail building with approximately 800 SF of warehouse space and a separate 1,040 SF residential duplex. Zoned CB, the property supports a wide range of commercial uses and offers strong redevelopment potential.
The combined site generates approximately $11,906 in monthly net income, providing immediate cash flow for investors while planning future improvements or redevelopment. Located near the intersection of NE 145th Street and Lake City Way, the property benefits from an average daily traffic count of over 56,800 vehicles, ensuring exceptional exposure. Proximity to SR 522, SR 523, and I-5 enhances regional connectivity, while nearby retail and service amenities create a strong business environment. Offered at $3,150,000, this property is well-positioned for owner-users, investors, or developers seeking a high-demand corridor in a growing market.
The combined site generates approximately $11,906 in monthly net income, providing immediate cash flow for investors while planning future improvements or redevelopment. Located near the intersection of NE 145th Street and Lake City Way, the property benefits from an average daily traffic count of over 56,800 vehicles, ensuring exceptional exposure. Proximity to SR 522, SR 523, and I-5 enhances regional connectivity, while nearby retail and service amenities create a strong business environment. Offered at $3,150,000, this property is well-positioned for owner-users, investors, or developers seeking a high-demand corridor in a growing market.
Property Facts
| Price | $3,150,000 | Number of Properties | 2 |
| Price / SF | $543.10 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 5,800 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.56 AC |
| Status | Active |
| Price | $3,150,000 |
| Price / SF | $543.10 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,800 SF |
| Total Land Area | 0.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Shoreline Development Site
14514 32nd Ave NE, Shoreline, WA 98155 |
Land | 0.19 AC | - | - |
| 3204 NE 145th St, Shoreline, WA 98155 | Retail | 5,800 SF | 1966 | - |
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3204 NE 145TH STREET
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