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1900 116th Avenue NE , 100/1

Bellevue, WA 98004
  • $3,695,950
  • STATUS: Active
  • ON SITE: 568 Days
  • ID#: 1768708
$3,695,950
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Northwest MLS logoListing Courtesy of Tec Real Estate Inc.: 425-373-9494.


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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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 Engel & Völkers Federal Way 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 2022-11-26T00:14:48.497. 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 2022-11-26T00:14:48.497. 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.recordrre.com/homes/116821030
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1900 116th Avenue NE , 100/1 Bellevue, WA 98004

  • Price: $3,695,950
  • Status: Active
  • On Site: 568 Days
  • 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 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
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

Building Area Total 0 Fireplace YN No Flooring Ceramic TileLaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirCeramic TileLaminateWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 3547 Association Fee Frequency Monthly Common Interest Commercial Industrial Cumulative Days On Market 521 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 188226 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 24024 Tax Year 2021 Utilities Sewer ConnectedNatural Gas Connected Water Company City Of Bellevue Water Source Public Year Built Effective 1990 Zoning Class BusinessOfficeSee Remarks Zoning Jurisdiction City

Listing information © 2022 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 Engel & Völkers Federal Way 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 Engel & Völkers Federal Way 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 2022-11-26T00:14:48.497. 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 2022-11-26T00:14:48.497. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1768708-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1768708-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1768708-1.jpg
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Northwest MLS logoListing Courtesy of Tec Real Estate Inc.: 425-373-9494.