Provided by NWMLS, Listed by TEC Real Estate Inc.
Active
1900 116th Avenue NE #100/1
Bellevue WA, 98004
$3,788,000
Active
Commercial
Built in 1979
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
2196081
MLSⓇ ID
February 1, 2024
Listed
March 21, 2024
Updated
Map
1900 116th Avenue NE #100/1
Bellevue WA, 98004
Interior Features
Interior Features
Ceramic Tile, Laminate, Wall to Wall Carpet
Floor Description
Ceramic Tile, Laminate, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.8 Acres
Exterior Features
Wood
Roof
Composition
Sewer
Sewer Connected
Other Property Details
Area Name
520 - Bellevue/West of 405
Taxes
$20,808
Tax Frequency
Annually
Association Fee
$3,547
Association Fee Frequency
Monthly
Garage
No
Parking Total
30
View
No
County
King
Water Source
Public
Pool
No
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 4/27/2024 at 3:00 PM UTC