18624 Reder WayBothell, WA 98011

Property Details for 18624 Reder Way

Year built

1927

Lot size

0.22 AC

Property size (Sq ft)

9,730 SF

Property type

Land

Property subtype

Other mixed-use properties

Description

This exceptional mixed-use property, located at 18624 Reder Way in Bothell, WA 98011, presents a compelling redevelopment opportunity. The 0.22-acre lot (APN 0970000125) features a 9,730 square foot, two-story building constructed in 1927, currently boasting 100% occupancy. The property is zoned Bothell DT - Downtown Transition, allowing for a diverse range of permitted uses, including multi-family residential, business/personal services, office, lodging, and civic/cultural facilities. The zoning permits a three-story building height. Buyers have the option to demolish the existing structure and construct a new building aligned with approved permitted uses. The property's strategic location in the heart of downtown Bothell offers unparalleled access to retail, multi-family residences, grocery stores, shopping, and major freeways. This is a rare chance to capitalize on the growth and potential of this vibrant area. The asking price is $1,600,000, translating to $164.44 per square foot. This presents a unique opportunity for investors and developers seeking a high-impact project in a thriving Washington community.

Location Insight

City

Bothell

County

King

State

Washington

Latitude

47.7632

Longitude

-122.207

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