$3,695,950
For Sale

1900 116th Avenue NE #100/1

Bellevue, WA 98004
Courtesy of TEC Real Estate Inc.
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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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  • Interior Details
    • Heating & Cooling
      • Heating:Forced Air
    • Interior Features
      • Interior:Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate
  • Property Details
    • Property
      • Exterior materials:Wood
    • Measurements
      • Acres:0.7999
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:60 - Comm Bldg Und 10K
    • Condition
      • Year built:1979
    • Material information
      • Foundation:See Remarks
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Natural Gas Connected
  • Community and Neighborhood Details
    • Location
      • County:King
    • Community
      • Subdivision:Downtown
  • Financial Details
    • HOA
      • Hoa fees:3547
    • Pricing Details
      • Original List Price:$3, 695, 950
      • Selling Office Commission:*2*
      • Annual taxes:$24, 024
      • Days on Market (Cumulative):480
  • Other
    • Source
      • MLS #:1768708

Location

Darren RiversThe Northwest Realtor
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