Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $24,000 per door.
MLS# | 2320892 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1938 |
Days On Site | 11 |
Listing Provided By | Rhino Roz Realty | Amy L. Rozgo |
SQ Feet | 3,054 |
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Car Port | Yes |
Story(s) | 2 |
Units | 6 |
Acreage | 0.53 |
State | WA |
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County | King |
City | Kenmore |
Zip Code | 98028 |
Area | 610 Southeast Snohomish |
Community Name | Kenmore |
School District | Northshore |
Listing VS Median (in Kenmore) | |
Price: $1,890,000 low | high Med: $764,705 SqFt: 3,054 low | high Med: 1,546 $ / SqFt: $619 low | high Med: $495 On Site: 11 low | high Med: 397.000000 |