$ 1,990,000
7228 NE Bothell WAY Kenmore, WA 98028
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Listed by Rhino Roz Realty
$ 1,990,000
Est. payment /mo
Active
7228 NE Bothell WAY Kenmore, WA 98028
3,054 SqFt
UPDATED:
11/16/2024 06:52 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,054 sqft
Price per Sqft $651
Subdivision Kenmore
MLS Listing ID 2240132
Style 55 - 5-9 Units
Year Built 1938
Annual Tax Amount $10,584
Lot Size 0.532 Acres
Lot Dimensions 94x247
Property Description
Opportunity to develop prime mixed-use property to it?s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $25,000 per door.
Location
State WA
County King
Area 610 - Southeast Snohomish
Interior
Interior Features Fir/Softwood, Wall to Wall Carpet
Flooring Softwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Waterfront No
View Y/N No
Roof Type Composition,Flat
Building
Sewer Sewer Connected
Water Individual Well, Public
New Construction No
Schools
School District Northshore
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.