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Listed by Paragon Real Estate Advisors
$ 7,750,000
Est. payment /mo
Active
814 844 Bellevue WAY SE Bellevue, WA 98004
0.99 Acres Lot
UPDATED:
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
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Sewer Available
Water Available
Schools
School District Bellevue
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional

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