$4,500,000
Sold

7520 NE Bothell Way

Kenmore, WA 98028
Listing OfficeCENTURY 21 North Homes Realty
Type:Purchase
Structure:Industrial
Zone:Commercial

Description

City would like to see this site develop as highrise multi family development. Survey, Title, Geotech /Soil report, Environmental report phase 1 and phase 2 all good, are available for review. Total 51,677 SF site, with 2 TP #011410 0905' 24,606 SF Zoning Urban Center(UC); TP # 011410 0904 27,071 SF zoning R24 in designated TOD-Traffic Oriented District may permit 125-171 units. 65' height limit.85%+ lot coverage. City would permit 125-170 units MF project with underground garage. Front building Jay's Cafe lease expired 3/01/21 now month to month May qualify for State Property tax rebate for 12 years.

  • Property Details
      • Exterior MaterialsWood, Wood Products
    • Measurements
      • Acres1.1863
  • Construction Details
      • Style60 - Comm Bldg Und 10K
      • Property TypePurchase
    • Condition
      • Year Built1946
    • Material information
      • FoundationPoured Concrete, Slab
  • Utilities / Energy Details
      • Sewer InformationAvailable, Sewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionKenmore
    • Location
      • CountyKing
  • Financial Details
      • Original List Price$3,899,000
      • Taxes Annual$7,637
      • Days on Market (Cumulative)419
  • Other
      • MLS #1557615
Brennen EllerReal Estate Group