7228 NE Bothell Wy $2,850,000

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    7228 NE Bothell Wy Kenmore, WA 98028

    • 0.53 Acres
    • Commercial/Industrial
    Listing# 1481288 | Active

    $2,850,000

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    Days On Market: 83 1 Views
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    Property Details

    Unique opportunity to develop prime mixed-use property to it’s highest and best use by taking advantage of downtown commercial zoning. Level rectangle shaped lot offers for flexible site plan. Build up to 65’ high. 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. Base density: 25 units; min density: 19 units; max density: 38 units

    • General Features
      • County King
      • Zoning Class Commercial, Multi-Family, Residential, Retail
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 3,744
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 724
      • Total Uncovered Parking 10
      • Total Covered Parking 3
      • Lot Dimensions 94x247
    • Building Features
      • Exterior Wood
      • Foundation Poured Concrete
      • Roof Composition, Flat
      • Floor Covering Fir/Softwood, Vinyl, Wall-to-Wall Carpet
      • Features Signage Included, Storage
      • Heating and Cooling Baseboard, Wall
    • Property Features
      • Lot Square Footage 23,172
      • Depth of Lot 247
      • Site Frontage 94
      • Environment Survey N
      • Water-Sewer-Garbage 1680
      • Sewer Sewer Connected
      • Sewer Company Northshore Utility District
      • Energy Source Electric, Natural Gas
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 2
      • Total SqFt Rented 3,744
      • Total Monthly Rent $4,619
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $72,203
      • Gross Adjusted Income $72,203
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $9,962
      • Heating Expense $0
      • Insurance Expense $2,734
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

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    Neighborhood

    98028 (Kenmore) Demographics

    39Median Age
    3,849Population Density (per sq. mile)
    61%College Educated
    $93,227 Estimated Median Income
    5,961Estimated Total Home Owners
    2,266Estimated Total Renters
    72% / 28%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    21,791Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $570,000 Median Sales Price
    35 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,850,000
        6/26/2019 3:41:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.