14045 Midvale Avenue N, Shoreline, WA 98133

Courtesy of Paragon Real Estate Advisors

$2,000,000

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List Price
$2,000,000
Status
ACTIVE
Days on Market
1
MLS#
2570269
Subtype
Commercial Sale
Style
70 - Industrial
Year Built
1987
Lot Size
17,850
Acres
0.41
Subdivision
Northgate
Neighborhood
Northgate
MLS Area Major
North Seattle

Property Description

The offering consists of two freestanding industrial buildings totaling 8,000 square feet (4,000 square feet each) on a 17,850 square foot lot zoned C1-75. Both buildings are of prefabricated metal construction with 18 foot clear heights and metal roofs, and are both occupied on separate net leases. The buildings were constructed in 1987. The site’s C1-75 zoning carries a 75 foot height limit, giving a future owner optionality beyond the current industrial use. The two building configuration, secured entry gate, and separately metered utilities also make the property well suited to an owner/user who wants to occupy one building and hold income from the second. Twenty open surface parking stalls serve the site, which sits within easy access to public transportation and close to restaurants, grocery stores, and other North Seattle services. The Midvale Industrial Buildings represent a rare opportunity to acquire a large, high-rise-zoned parcel in a premier urban location with both current income and transformative redevelopment upside. The combination of scale, zoning, transit access, and visibility makes this offering well suited for investors, developers, or family offices seeking a strategic foothold in one of Seattle’s oldest and most established neighborhoods.

Additional Information

Exterior Features
Metal/Vinyl
Property Description
70 - Industrial
Flooring
Concrete
Air Conditioning
None
Roof
Composition
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