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23700 Edmonds Way Edmonds, WA 98026

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For Sale
$1,450,000

High-traffic location, redevelopment potential.

Property Features for 23700 Edmonds Way

General Information

Property type
Other commercial real estate

Building Details

Year Built
1954

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Listing Contact
Yongjoon Choi

Listing Agency: Frontier Realty Listing Agent: Yongjoon Choi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2,500 square foot medical office building presents a unique investment opportunity in the thriving city of Edmonds, Washington. Located on a highly visible 11,000 square foot lot at 23700 Edmonds Way, this property enjoys a prime position on a major commuter route leading to the Edmonds-Kingston Ferry. Currently zoned Edmonds-BN, the property offers significant flexibility for future development. The City of Edmonds has approved an up-zone to Edmonds RM-1.5, unlocking the potential to construct up to seven townhomes, capitalizing on the area's strong demand for residential housing. The existing building, featuring new flooring and ready for immediate occupancy, can be utilized as a medical office, leased for other commercial purposes, or even converted for single-family residential use. This versatility makes it an ideal asset for investors and developers seeking to leverage the area's growth trajectory. The high-traffic location ensures excellent visibility and accessibility, while the up-zoning provides significant upside potential. This is a rare opportunity to acquire a property with multiple development pathways in a desirable waterfront community. The property is priced at $1,450,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Humoral medicine Medical Clinic Jill M. Patten, ... Alternative Medicine Practice Soiset Alsia Alternative Medicine Practice Diane Kaplan, ARNP Physician Dr. Kevin Kuo Alternative Medicine Practice

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Edmonds
County
Snohomish
State
Washington
Longitude
-122.3535
Latitude
47.78427

FAQs

What type of property is this?
Commercial real estate - High-traffic location, redevelopment potential.
Where is this commercial real estate located?
The property is located at 23700 Edmonds Way Edmonds, WA.
What is the asking price?
The asking price for this property is $1,450,000.
More about this property
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