Bought with ZNonMember-Office-MLS
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Key Details
Sold Price $3,688,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 2269155
Sold Date 12/10/24
Style 60 - Comm Bldg Und 10K
HOA Fees $3,547/mo
Year Built 1979
Annual Tax Amount $20,808
Lot Size 0.800 Acres
Lot Dimensions 34842
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
Location
State WA
County King
Area 520 - Bellevue/West Of 405
Interior
Interior Features Ceramic Tile, Laminate, Wall to Wall Carpet
Flooring Ceramic Tile, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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