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7228 NE Bothell Way Kenmore, WA 98028

$1,890,000
0.53
Acres
$1,890,000
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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.

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.

  • Neighborhood
    Kenmore
  • Type
    Commercial
  • County
    King
  • Area
    610 - Southeast Snohomish
  • Tax Amount
    $14,455
  • Status
    Active
  • Listing #
    2320721
  • Built
    1938
  • Lot Size
    0.53
  • Listed on site
    6 days

Listed by:
Rhino Roz Realty

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-01-14 11:22:07. DMCA
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  • No HOA
  • No Adult Community

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  • No Pool
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