8550 164th Avenue NE, Redmond, WA 98052

WA, Redmond
$4,750,000
  • 0.25 Acre
  • Commercial Sale Property Type
  • 1941 Year Built
  • Expired Status
Property Description

Fully permitted 0.25-acre development site in Redmond, WA! Site is 0.6 miles from the Downtown Redmond Light Rail Station and close to shopping, dining and entertainment. Seller has permits in-hand; a preliminary analysis proposes the development of 99 residential units, two micro offices, ground-floor commercial or amenity space, and garage parking. Surging growth surrounding the site in conjunction with its irreplaceable location support strong future rental demand; property seeking LEED Platinum certification. Take the opportunity to invest in the development of one of Washington’s most beautiful cities!

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2180998
  • Price: $4,750,000
  • Year Built: 1941
  • Lot Area: 0.25 Acre
  • Status: Expired
  • Office Name: COMPASS
  • Agent Name: Coleton Pantley
  • Property Sub Type: Commercial Industrial
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System None
  • Exterior Features Wood, Wood Products
  • Flooring Hardwood, Carpet
  • Interior Features Hardwood, Wall to Wall Carpet
  • Sewer Available
Address Map
  • Country US
  • State WA
  • County King
  • City Redmond
  • Zipcode 98052
  • Street: 164th
  • Street Number: 8550
  • Street Suffix: Avenue
  • Longitude: W123° 52' 43.6''
  • Latitude: N47° 40' 45''
  • Directions: NW on 154th Ave NE, E on NE 85th St, N on 164th Ave NE. Property on RHS
  • Mls Area Major: 550 - Redmond/Carnation
  • Street Dir Suffix: NE
Additional Information
  • Water Source: Public
  • Possible Use: Commercial,Multi-Family,Office,Residential
  • On Market Date: 2023-11-17
  • Foundation Details: Slab
Financial
  • Tax Annual Amount: 12709
Listing Information
  • Co List Agent Full Name: Sean McConnell
  • Co List Agent Mls Id: 113797
  • Co List Office Mls Id: 7912
  • Co List Office Name: COMPASS
  • List Agent Mls Id: 146347
  • List Office Mls Id: 7912
  • Listing Term: Cash Out,Conventional,Owner Financing,See Remarks
  • Mls Status: Expired
  • Modification Timestamp: 2024-02-22T14:13:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-02-16T08:15:55Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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