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Listing Provided by TEC Real Estate Inc.  
$3,695,950
1900 116th Ave Ne 100/1, Bellevue, WA 98004
0 Beds
0 Baths
n/a sqft

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Listing Provided by TEC Real Estate Inc.  
Exceptional Investment Opportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 6 Years Of Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office).The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.09% Cap Rate. Building Age is 1979,Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius.Exceptional Bellevue Medical Corridor Investment
  • Price:
  • $3,695,950
  • Acreage:
  • 0.80
  • Year Built:
  • 1979
  • Listing ID #:
  • NWM1768708
  • Street Address:
  • 1900 116th Ave Ne 100/1
  • City:
  • Bellevue
  • State:
  • Washington
  • Postal Code:
  • 98004
  • County:
  • King
  • Community:
  • 520 - Bellevue/West Of
  • Subdivision:
  • Downtown
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Good
  • Exterior Description:
  • Wood
  • Features:
  • Disabled Access, Elevator, Signage Included, Sprinklered, Storage
  • Flooring:
  • Ceramic Tile, Laminate, Carpet
  • Foundation:
  • See Remarks
  • Furnished:
  • Unfurnished
  • Interior Features:
  • Forced Air, Ceramic Tile, Wall To Wall Carpet, Laminate
  • Number Of Units:
  • 1
  • Structure:
  • Unspecified
  • Style:
  • 60 - Comm Bldg Und 10k
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1979
  • Annual Insurance Expenses:
  • 1436
  • Net Operating Income:
  • 188226
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 34842
  • Suitable Use:
  • Business, Office, See Remarks
  • Topography:
  • Level
  • On Market Date:
  • 2021-05-04
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Subdivision:
  • Downtown
  • Association Fee:
  • $3,547
  • Association Fee Payment Frequency:
  • Monthly
  • Property Taxes:
  • $24,024
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 30
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
  • Utilities:
  • Sewer Connected, Natural Gas Connected
  • Unit 1 Monthly Rent:
  • 19353
  • Unit 1 Square Footage:
  • 4526
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by TEC Real Estate Inc.
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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