814 844 Bellevue Way SE
Bellevue, WA 98004
0.99 acres | #2322171
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.
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- Style40 - Res-Less thn 1 Ac
- Date ListedJanuary 13, 2025
- Structure TypeUnspecified
- Original List Price$7,750,000
- Sewer InformationAvailable
- Utility SourceAvailable
- Property TypePurchase
- SubdivisionBellevue
- School DistrictBellevue
- Taxes Annual$33,381
- MLS #2322171
- Cost7750000
- MLS #2322171
- Acres0.9873
- CountyKing
- Property SubtypeLand
- Days on Market (Cumulative)1
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-14 01:02:08. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Ben Douglas (#NWM142498)
Listing Office: Paragon Real Estate Advisors (#NWM7086)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
