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1900 116th Avenue NE , 100/1

Bellevue, WA 98004
  • $3,695,950
  • STATUS: Active
  • ON SITE: 215 Days
  • ID#: 1768708
UPDATED: 67 min ago
$3,695,950
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Listing Courtesy of Tec Real Estate Inc..

Description

Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 6 Years Of Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office).The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.09% Cap Rate. Building Age is 1979,Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius.Exceptional Bellevue Medical Corridor Investment

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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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-08T10:14:01.697.

www.kwbellingham.net/homes/116821030
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1900 116th Avenue NE , 100/1 Bellevue, WA 98004

  • Price: $3,695,950
  • Status: Active
  • On Site: 215 Days
  • Updated: 67 min ago
  • ID#: 1768708
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1979
Built
Neighborhood:
Downtown
County:
King
Area:
Bellevue West of 405 & Medina
Property Description
Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 6 Years Of Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office).The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.09% Cap Rate. Building Age is 1979,Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius.Exceptional Bellevue Medical Corridor Investment
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Wood Lot Size Dimensions 34842 Open Parking YN No Parking Total 30 Roof Composition Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring Ceramic TileLaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirCeramic TileWall To Wall CarpetLaminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 3547 Association Fee Frequency Monthly Common Interest Commercial Industrial Electric On Property YN No Energy Source Natural Gas FIRPTAYN Yes First Right Of Refusal No Foundation Details See Remarks Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 100 & 101 Net Operating Income 188226 Possession ClosingSee RemarksTenant's Rights Possible Use BusinessOfficeSee Remarks Power Company Pse Power Production Type Natural Gas Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Bellevue Special Listing Conditions None Tax Annual Amount 24024 Tax Year 2021 Utilities Sewer ConnectedNatural Gas Connected Water Company City Of Bellevue Water Source Public Zoning Class BusinessOfficeSee Remarks Zoning Jurisdiction City

Listing information © 2021 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 Keller Williams Western Realty 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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-08T10:14:01.697.

 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Listing Courtesy of Tec Real Estate Inc..