814 844 Bellevue WAY SE Active

Bellevue,WA 98004

$ 7750000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Bellevue

MLS Listing ID 2322171

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $33,381

Lot Size 0.987 Acres

Property Sub-Type Land

Property Description

Preliminary study to develop 18 townhomes on nearly one acre of developable land that spreads across four parcels. The site also presents a great opportunity for an assisted living facility due to its location and increased density. First time this property has been on the market in over 40 years. Currently there are two single family rental properties and a World for Kids daycare that bring in rental income. The rental income will help cover the property taxes during the permitting process for a new development. All tenants are on month-to-month leases and will not interfere with the potential development. The site is less than one mile from Downtown Bellevue, providing easy access to a thriving business district home to major employers.

Location

State WA

County King

Area 520 - Bellevue/West Of 405

Exterior

Utilities Available Electricity Available,Natural Gas Available

View Y/N No

Building

Sewer Available

Water Available

Schools

School District Bellevue

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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