7228 NE Bothell Way
Kenmore, WA 98028
0.53 acres | #2320721
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 $24,000 per door.
Property Details
- InteriorFir/Softwood, Wall to Wall Carpet
- Utility SourceIndividual Well, Public
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- Date ListedJanuary 08, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Structure TypeUnspecified
- Original List Price$1,890,000
- Property TypePurchase
- SubdivisionKenmore
- Taxes Annual$14,455
- MLS #2320721
- Cost1890000
- MLS #2320721
- Acres0.532
- Exterior MaterialsWood
- Year Built1938
- CountyKing
- Property ConditionFair
- Days on Market (Cumulative)22
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-13 20:17:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Amy L. Rozgo (#NWM46586)
Listing Office: Rhino Roz Realty (#NWM241)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
