Listing provided courtesy of EHI R/E Advisors, Inc. Bought with Rhino Roz Realty.
Off Market Dec 2012 for $609K
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7228 NE Bothell Way, Kenmore, WA 98028
About this home
Well located mixed-use property in the heart of Kenmore. Two retail, two apartments, and one sf house on one half-acre parcel on NE Bothell Way. Huge potential for development of mixed-use, apartments, or townhomes. You won't find a better location in Kenmore!
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
King County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 29, 2017.
DC
Downtown Commercial Zone
The downtown commercial zone features a mix of private and public uses designed to create a small-town feel and pedestrian-friendly environment. Public places, sidewalks, extensive landscaping, transit orientation, shared or structured parking, protection of critical areas, and high quality design and signage are key features. Permitted uses emphasize mixed or multiple use developments, and include high-density housing, civic and governmental offices, small-scale commercial and retail, and locally oriented professional and personal services; Uses not compatible with the downtown commercial zone intent such as those which require vehicle or materials storage, service bays, wide curb cuts, expanses of exterior product display or storage, or produce little customer or visitor activity are not permitted. Some limited existing uses requiring vehicle storage that continue to contribute to the economic vitality of downtown are permitted to continue their business on existing properties, but are encouraged to transition the use of their properties to those more in keeping with subsection A of this section and this intent statement. Park-and-ride/transit centers are promoted along SR-522, particularly in the northwest quadrant of the 68th Avenue NE/SR-522 intersection.
Permitted uses
Include but are not limited to:
Automotive sales
Gas station
Day care facility
General retail
Restaurant
Healthcare
Housing-Multiple units
Housing-Other
Office
Educational/school
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Carport Spaces: 4
Has Open Parking
Interior
Interior Features
Interior Features: Forced Air
Multi-Family Financial Information
Insurance Expense: $1,250
Other Expense: $3,000
Net Operating Income: $38,194
Gross Adjusted Income: 53728
Gross Scheduled Income: $56,556
Total Monthly Income: 4716
Gross Rent Multiplier: 12
Total Expenses: 15534
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 5
Vacancy Rate: 5
# of Units (Total): 5
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric,Oil
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Commercial, Multi-Family, Residential, See Remarks
Lot Information
Lot Size Units: Square Feet
Lot Size Acres: 0.532
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $8,884
Tax Year: 2011
Financial Information
Listing Terms: Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Sewer Connected
Water Sewer Garbage: 2400
Location
School Information
High School District: Lake Washington
Location Information
Directions: Just north of NE 68th St on NE Bothell Way.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: King County
APN: —
Home facts updated by county records on Nov 29, 2017
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, August 6, 2012
Green Information
Power Production Type: Electric, Oil
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 0
Building Area Total: 0
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Kenmore Elementary School
Public PreK-5 • Assigned • 0.6mi
8/10
Kenmore Middle School
Public 6-8 • Assigned • 1.3mi
6/10
Inglemoor High School
Public 9-12 • Assigned • 1.6mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Kenmore, WA • 98028
Average low and high temperatures (°F)
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36
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41
60
44
67
49
72
55
78
57
78
60
72
56
60
47
52
42
49
40
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Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.