6443 NE 181st Street, Kenmore, WA 98028

$829,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Quantum Real Estate.

List Price
$829,000
Status
ACTIVE
MLS#
2490694
Price Change
▼ $50,000 1776753190
Days on Market
140
Annual Tax Ammount
9317

Property Description

Price Reduction! Well-located ±2,000 SF commercial/medical office building available for sale in Kenmore. Full HVAC replacement last year including two new furnaces and two new heat pumps. The building is fully occupied currently producing $5,350/month and has structured annual rent increases; interior maintenance and utilities are paid by tenants. This is a daylight rambler-style structure offering a flexible layout with a street-level main floor providing excellent grade-level access, visibility, and signage opportunity along NE 181st Street. The lower level provides additional office space. The building functions well for a variety of office, retail, or service-based businesses. Ample off-street parking available for 9 vehicles. Convenient access to Bothell Way (SR-522) and the Kenmore commercial district; highly walkable. Large storage building in back of property. Duplex next door also available, see MLS 2523742

Additional Information

Community
Kenmore
Style
73 - Office
Year Built
1946
# of Assigned Spaces
11
Roof
Composition
Tax Year
2026
Potential Terms
Cash
Driving Directions
From NE Bothell Way turn north on 68th Ave NE. Take the next left at NE 181st St. Proceed about four blocks to the property on your left.
Energy Source
Electric
Net Operating Income
$52,499
Gross Adjusted Income
$64,200
Gross Scheduled Income
$64,200
Cap Rate
6.3
Total Expenses
$11,701
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks