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1900 116th Avenue NE

Bellevue, WA 98004
  • $3,695,950
  • STATUS: Active
  • ON SITE: 42 days
  • ID#: 1768708
UPDATED: 62 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 Oportunity. 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 Ben Kinney Real Estate Team - 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 2021-06-18T07:15:13.29.

www.home4investment.com/homes/116821030
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1900 116th Avenue NE Bellevue, WA 98004

  • Price: $3,695,950
  • Status: Active
  • Updated: 62 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 Oportunity. 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 Foundation Details See Remarks Open Parking YN No Parking Total 30 Parking Uncovered Total 30 Roof Composition Site Frontage 153 Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Fireplace YN No Flooring Ceramic TileLaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Ceramic TileLaminate

Property Features

Building Features Disabled AccessElevatorSignage IncludedSprinkleredStorage Electric On Property YN No First Right Of Refusal False Gross Scheduled Income 232229 Insurance Expense 1436 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 100 & 101 Net Operating Income 188226 Possible Use BusinessOfficeSee Remarks Power Production Type Natural Gas Property Condition Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 24024 Tax Year 2021 Total Expenses 44003 Utilities Sewer ConnectedNatural Gas Connected 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 Ben Kinney Real Estate Team - 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 Ben Kinney Real Estate Team - 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 2021-06-18T07:15:13.29.

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