Bought with CENTURY 21 North Homes Realty
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7520 NE Bothell WAY Kenmore, WA 98028
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Key Details
Sold Price $4,500,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Kenmore
MLS Listing ID 1557615
Sold Date 09/29/23
Style 60 - Comm Bldg Und 10K
Year Built 1946
Annual Tax Amount $7,637
Lot Size 1.186 Acres
Lot Dimensions 220x202x228
Property Sub-Type Commercial Industrial
Property 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.
Location
State WA
County King
Area 610 - Southeast Snohomish
Interior
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Roof Type Composition
Building
Sewer Available, Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.