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Image 1 - 7228 Ne Bothell Way, Kenmore, Washington, 98028 - Apartment for sale
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Image 4 - 7228 Ne Bothell Way, Kenmore, Washington, 98028 - Apartment for sale
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Flat For Sale In Kenmore, Washington
7228 Ne Bothell Way, Kenmore, Washington, 98028

Flat For Sale In Kenmore, Washington

apartment for sale
Listed: 05/23/24

7228 Ne Bothell Way, Kenmore, Washington, 98028

Studio Bed:
3,054 Sq Ft Living Area:
Save
Price
$ 1,99M

About This Apartment

Opportunity to develop prime mixed-use property to its highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is$25, 000per door.

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Kenmore Housing & Living

Household Income

Median household income: $96,277
Number of households: 8,644
The average household income in Kenmore, WA grew from $93,227 to $96,277 in the past year. This data is an estimate based upon 8,644 households in Kenmore, WA.
The chart below presents how household income is distributed in Kenmore, WA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Kenmore, WA compared to median property taxes around the country. The prevalent amount of property taxes in Kenmore, WA equals $3k+ , which is more than the national average.