1900 116th Avenue NE #100/1, Bellevue, WA 98004

WA, Bellevue

$3,695,950

0.80 Acre
Commercial Sale Property Type
1979 Year Built
Expired Status

Listing courtesy: Chris K. Soon, TEC Real Estate Inc.

Property Description

Exceptional Investment Opportunity. Prime Northwest Medical Building Suites #100 & #101 With 4,526 Space, Backed By 5 Years Of Lease With 2% Annual Increase. Two Units (#100 &101) For Sale. 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, 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 5.09%* Cap Rate. Building Age is 1979,Refurbish In 2013.Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment Opportunity

Source: NWMLS

Basic Details

Property Type: Commercial Sale
Listing Type: For Sale
Listing ID: 2077609
Price: $3,695,950
Year Built: 1979
Lot Area: 0.80 Acre
Status: Expired
Office Name: TEC Real Estate Inc.
Agent Name: Chris K. Soon
Property Sub Type: Commercial Industrial
Roof: Composition

Features

Heating System Forced Air
Cooling System Central A/C
Exterior Features Wood
Flooring Ceramic Tile, Carpet, Laminate
Interior Features Ceramic Tile, Wall to Wall Carpet, Laminate
Sewer Sewer Connected

Address Map

Country US
State WA
County King
City Bellevue
Zipcode 98004
Street: 116th
Street Number: 1900
Street Suffix: Avenue
Longitude: W123° 48' 53.9''
Latitude: N47° 37' 37.9''
Directions: i-405 N, Exit 13-A/13-B For NE 4th Street, Right On Fork Merge Onto Ne 4th Street, Turn left ( North) On 116th Avenue NE, Northwest Medical Building On Right. Entry To Suite 100 & 101 Building Rear
Mls Area Major: 520 - Bellevue/West of 405
Street Dir Suffix: NE
Unit Number: 100/1