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Kirkland Development Opportunity For Sale
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1003 7th Avenue, Kirkland, WA 98033

Rare Kirkland development opportunity near transit with flexible zoning.

Space Size6,000 SF
Lot Size0.30 Acres
Days on Market269

Property Features for 1003 7th Avenue

General Information

Standard status Active
Size 6,000 SF
Lot size 0.30 Acres
Property subtype OFFICE

Spaces For Lease

at 1003 7th Avenue
Connections Building AVAILABLE
Size 6,000 SF
Type OFFICE
Rate Contact for pricing
Lease Type NNN
The building totals approximately 6,000 SF and can be demised into two 3,000 SF suites, offering flexibility for a variety of users. Both floors benefit from separate entrances, with the ground floor well-suited for office, retail, or recreational uses. Featuring ample on-site parking, a versatile layout and located less than 1 mile from the future Sound Transit Bus Rapid Transit (BRT) stop, the property can accommodate a wide range of business operations. This is a rare opportunity to secure a highly visible and adaptable space in one of the Eastside’s most desirable commercial markets.
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Listing Agency: KW Commercial GSWA MCI LLC
Listed By: Irene Mendoza · License #121517
Source: Moodyscre
Added: Jan 27 Changed: Aug 8 Last Checked: Apr 5 at 8:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial GSWA MCI LLC

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Investment Insights

Based on property information with market context.

Located in Kirkland, this property presents a development opportunity on a 13,200 square foot lot. It is improved with a 6,000 square foot office building that has 17 parking stalls. The Urban Flex (UF) zoning allows for a mixed-use project up to 45 feet, suitable for ground-floor retail and upper-level residential development. The location is near the upcoming NE 85th Street Bus Rapid Transit (BRT) station and the redesigned I-405 interchange, scheduled for completion between 2028 and 2029. The property is adjacent to the Cross Kirkland Corridor, a walking and biking trail. The Urban Flex zoning permits commercial, retail, institutional, light industrial, and residential uses. The existing building features 6,000 square feet across two floors, each with 3,000 square feet and separate private entrances. Recent improvements make the space suitable for professional office, creative workspace, medical, or boutique services. Generous window lines provide natural light throughout both levels. The 17 surface parking stalls offer on-site access for employees and clients. It is located minutes from Downtown Kirkland and I-405, providing connectivity to Bellevue, Redmond, and Seattle.

Key Highlights

  • Rare development opportunity

Property Analytics

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Open Analytics

Current Use

Connections Behavior Planning ... Special Education Facility Hope Pellenbarg Physician Jaimee Oberlin Physician Rachel Starrin Physician Catherine Davidson Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Nursing Home Mobile Phone Store Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 11% Apparel 2%
Costco Gasoline Shops & Services
75,216 visits/mo 0.5 miles
Shake Shack Dining
13,664 visits/mo 0.5 miles
76 Shops & Services
11,275 visits/mo 0.4 miles
Shell Shops & Services
8,247 visits/mo 0.5 miles
Brown Bear Car Wash Shops & Services
3,806 visits/mo 0.3 miles

Demographics for 98033, WA

41,763
Population
18,211
Households
2.3
Avg Household Size
39
Median Age
73%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$174,005
Median Household Income
$97,472
Median Earnings
$2,386
Median Rent
$1,259,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Rare Kirkland development opportunity near transit with flexible zoning.
Where is this mixed-use property located?
The property is located at 1003 7th Avenue Kirkland, WA.
What are key features of this property?
This property features: Rare development opportunity
(206) 790-3312 Call to check price and availability
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