8412 164 Avenue NE Redmond, WA 98052

$2,380,000
0.33
Acres
$2,380,000
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Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.

Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.

  • Neighborhood
  • Type
  • County
    King
  • Area
    550 - Redmond/Carnation
  • Tax Amount
    $33,279
  • Status
    Active
  • Listing #
    2544646
  • Lot Size
    0.33
  • Listed on site
    115 days

Listed by:
Windermere Bellevue Commons

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 2026-10-17 09:55:55. DMCA
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Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Aug 3, 20263 mos agoPrice decreased200,000 (8%)$2,380,000
Jun 23, 20264 mos agoNew on market$2,580,000
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