7228 Bothell Way Kenmore, WA 98028

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.