12006 98Th AveKirkland, WA 98034

Property Details for 12006 98Th Ave

Year built

1985

Construction

WOOD

Lot size

0.73 AC

Property size (Sq ft)

13,229 SF

Zone code

JBD 2

Property type

Office properties

Property subtype

Office buildings

APN

302605-9153

APU

3026059153

Description

This exceptional office building, located in the heart of Downtown Juanita at 12006 98th Ave NE, Kirkland, WA 98034, offers three available suites ranging from 1,292 to 2,800 square feet. The property, built in 1985 and renovated in 1995, boasts a total of 12,145 square feet on a 0.73-acre lot. The building features ample parking with 54 spaces available for tenants and their clients. Each suite offers convenient grade-level access, eliminating the need for stairs or elevators. The building is zoned JBD 2, and its APN is 302605-9153. Currently, common area upgrades are underway, enhancing the overall aesthetic and functionality of the building. Comcast service is available, and the landlord is open to considering short-term lease options. This presents a unique opportunity for businesses seeking flexible and conveniently located office space in a thriving Kirkland neighborhood. The multiple tenancy structure allows for a diverse range of businesses to coexist within the building. This property is ideal for companies seeking a well-maintained, updated office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,568,322

  6.5%

  $3,293,836

  7%

  $3,058,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,021,262

  Geo Method

  $2,547,641

• Alternative Use

  Use

  Valuation

  Residential

  $4,084,356

  Hospitality

  $3,741,248

  Educational

  $3,112,674

  Medical

  $3,219,724

  Retail

  $4,841,938

Location Insight

City

Kirkland

County

King

State

Washington

Latitude

47.7077

Longitude

-122.21

CBSA code

42660

CBSA name

SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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