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.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 4/27/2024 at 3:00 PM UTC 

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