$3,895,000

7520 NE Bothell Way

Kenmore WA, 98028

Description

Sale failed,BACK ON MARKET. This 51,000 SF site includes 2 parcels, for development of 125-170 regular size apartment building in the vibrant pedestrian oriented community of the City of Kenmore in the Transit Oriented (TOD), zoning. Front parcel - Urban Center East, leased to operating a 3500 SF restaurant. Lease expires 02/2021 and the back parcel R-24 zoning with a rental house - 1355 SF, leased for $895/month to month.
Easy commute to downtown Seattle, Microsoft, Facebook, Amazon, Gates Foundation, Google, UW both Seattle and Bothell campuses. No commercial/retail space required in the Transit Oriented District. May also qualify for property tax rebate for 12 year (WA State)..

Details

MLS#622163
Listing TypeFor Sale
Sub-TypeRetail
StatusAvailable
Year1946
Days On Site365

Features

Building(s)2
ZoningUrban Center East(UC),R 24
Acreage1.19
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Area Information
StateWA
CountyKing
CityKenmore
Zip Code98028
AreaWoodinvilleBothellKenmore
Listing VS Median (in 98028)
Price:
$3,895,000
low | high
Med:
$45
100% of Average
On Site:
365
low | high
Med:
643
56.765163297045% of Average
Listing Updated: January 15, 2021 1:45:31 PM PST
Nit Niranjan LogoMLS Number: 622163
Listing Provided By:
Nit Niranjan  of  Century 21 North Homes Realty Inc.

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