For Sale
$1,890,000

7228 Bothell WayKenmore, WA 98028

Prime Kenmore location, high-density potential.

Overview

Added:
Feb 3
Days on market:
63
This exceptional 0.53-acre commercial property at 7228 NE Bothell Way in Kenmore, WA, presents a unique development opportunity. Currently improved with six units (two commercial, four residential), this level, rectangular lot boasts a highly desirable downtown commercial zoning designation. Its strategic location between I-5 and I-405 provides unparalleled access to the greater Seattle area, offering excellent exposure along Bothell Way. Recent zoning updates from the City of Kenmore (early 2023) have significantly increased allowable density, doubling the previous unit count. The minimum density now stands at 32 units, with a maximum potential of 79 units, translating to an estimated $24,000 per unit. The property's proximity to the Lake Washington Waterfront adds further appeal. No critical areas have been mapped or identified on this site, allowing for flexible site planning and maximizing development potential. This is a rare chance to acquire a prime mixed-use property in a thriving location with significant upside potential. The asking price is $1,890,000.

Property Details for 7228 Bothell Way

Property type
Year Built
1938
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Kenmore
County
King
State
Washington
Latitude
47.75839
Longitude
-122.2462
7228 Bothell Way, Kenmore, Washington

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7228 Bothell Way
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