For Sale
$1,600,000

18624 Reder Way Bothell, WA 98011

Prime Bothell location, redevelopment opportunity.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional mixed-use property, located at 18624 Reder Way in Bothell, WA 98011, presents a compelling redevelopment opportunity. The 0.22-acre lot (APN 0970000125) features a 9,730 square foot, two-story building constructed in 1927, currently boasting 100% occupancy. The property is zoned Bothell DT - Downtown Transition, allowing for a diverse range of permitted uses, including multi-family residential, business/personal services, office, lodging, and civic/cultural facilities. The zoning permits a three-story building height. Buyers have the option to demolish the existing structure and construct a new building aligned with approved permitted uses. The property's strategic location in the heart of downtown Bothell offers unparalleled access to retail, multi-family residences, grocery stores, shopping, and major freeways. This is a rare chance to capitalize on the growth and potential of this vibrant area. The asking price is $1,600,000, translating to $164.44 per square foot. This presents a unique opportunity for investors and developers seeking a high-impact project in a thriving Washington community.

Highlights

  • Exceptional redevelopment opportunity in downtown Bothell, WA.
  • 0.22-acre lot (APN 0970000125) with a 9,730 SF, two-story building (1927 construction), currently 100% occupied.
  • Bothell DT zoning allows diverse uses including multi-family, office, and retail; permits three-story building height.
  • Prime downtown location with excellent access to amenities and freeways.
  • Asking price: $1,600,000 ($164.44/SF).

Property Details for 18624 Reder Way

Property type
Mixed-use properties, Land
Square Feet
9,730 SF
Class
C
Year Built
1927
Buildings
1
Stories
2
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Bothell
County
King
State
Washington
Latitude
47.763160844367
Longitude
-122.20715613272

FAQs

What type of property is this?
Mixed-use property - Prime Bothell location, redevelopment opportunity.
Where is the mixed-use property located?
The property is located at 18624 Reder Way Bothell, WA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Exceptional redevelopment opportunity in downtown Bothell, WA.; 0.22-acre lot (APN 0970000125) with a 9,730 SF, two-story building (1927 construction), currently 100% occupied.; Bothell DT zoning allows diverse uses including multi-family, office, and retail; permits three-story building height.
How can I contact the broker?
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18624 Reder Way
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