7228 NE Bothell WAY Active

Kenmore,WA 98028

$ 1990000

- Bed

- Bath

3054 SqFt


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

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

Flooring Softwood,Vinyl,Carpet

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

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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