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1900 116th Avenue NE , 100/1

Bellevue, WA 98004
  • $3,788,000
  • STATUS: Pending Feasibility
  • ID#: 2269155
Under Contract
UPDATED: 70 min ago
$3,788,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of TEC Real Estate Inc..
Mortgage Calculator is provided by BoomTown.

Description

Exceptional Investment Opportunity.Prime Northwest Medical Building Suites#100 & 101 With 4,526 SF Space, Backed By 6 Years Of Lease With 2% Annual Increase. Two Units (#100 &101) For Sale,NOT THE BUILDING.Zoned BR-MO (Bel-Red Medical Office).Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Across Overlake Hospital With 30 Ground Ample Shared Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.0%* Cap Rate. Building Age is 1979,Refurbish In 2013.Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment Opportunity

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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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-03T15:15:07.657. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-03T15:15:07.657. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.nwhomeexperts.com/homes/152907645
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1900 116th Avenue NE , 100/1 Bellevue, WA 98004

  • Price: $3,788,000
  • Status: Pending Feasibility
  • On Site: Days
  • Updated: 70 min ago
  • ID#: 2269155
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1979
Built
Neighborhood:
Downtown
County:
King
Area:
520 - Bellevue/West Of 405
Property Description
Exceptional Investment Opportunity.Prime Northwest Medical Building Suites#100 & 101 With 4,526 SF Space, Backed By 6 Years Of Lease With 2% Annual Increase. Two Units (#100 &101) For Sale,NOT THE BUILDING.Zoned BR-MO (Bel-Red Medical Office).Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Across Overlake Hospital With 30 Ground Ample Shared Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.0%* Cap Rate. Building Age is 1979,Refurbish In 2013.Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment Opportunity
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

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling Central A/C Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileLaminateCarpet Heating Forced Air Heating YN Yes Interior Features Ceramic TileLaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 3547 Association Fee Frequency Monthly Association YN Yes Common Interest Commercial Industrial 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 186961 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 20808 Tax Year 2023 Water Company City Of Bellevue Water Source Public Year Built Effective 1990 Zoning Class BusinessOfficeSee Remarks Zoning Jurisdiction City



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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-03T15:15:07.657. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-03T15:15:07.657. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of TEC Real Estate Inc..
Mortgage Calculator is provided by BoomTown.