Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7228 Bothell Way Kenmore, WA 98028

    For Sale
    $1,890,000

    Prime Kenmore location, high-density potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 0.53-acre commercial property at 7228 NE Bothell Way in Kenmore, WA, presents a unique development opportunity. Currently improved with six units (two commercial, four residential), this level, rectangular lot boasts a highly desirable downtown commercial zoning designation. Its strategic location between I-5 and I-405 provides unparalleled access to the greater Seattle area, offering excellent exposure along Bothell Way. Recent zoning updates from the City of Kenmore (early 2023) have significantly increased allowable density, doubling the previous unit count. The minimum density now stands at 32 units, with a maximum potential of 79 units, translating to an estimated $24,000 per unit. The property's proximity to the Lake Washington Waterfront adds further appeal. No critical areas have been mapped or identified on this site, allowing for flexible site planning and maximizing development potential. This is a rare chance to acquire a prime mixed-use property in a thriving location with significant upside potential. The asking price is $1,890,000.

    Property Features for 7228 Bothell Way

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1938
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenmore
    County
    King
    State
    Washington
    Longitude
    -122.2462
    Latitude
    47.75839

    Nearby Comparable

    • Contact for pricing
      1 SF

      Kenmore Development Opportunity on Bothell Way

      Development site in Kenmore with high visibility and flexible zoning.
      7520 NE Bothell Way, Kenmore, WA 98028
      View Details
    • Contact for pricing

      Kenmore Office Space Available

      Office property for sale in Kenmore, Washington.
      5723 NE Bothell Way, Kenmore, WA 98028
      View Details
    • $735,000
      1,806 SF

      Updated Townhouse Overlooking Golf Course

      Light-filled, updated townhouse with golf course views and private deck.
      15929 67Th Ln NE, Kenmore, WA 98028
      View Details
    • $309,000
      865 SF

      Spacious Condo in Downtown Bothell

      Bright 2BR/1BA condo with amenities in a prime location.
      9517 NE 180Th St, Bothell, WA 98011
      View Details
    • Contact for pricing

      Land for Sale Bothell

      Land available for sale in Bothell, Washington.
      18524 95Th Ave NE, Bothell, WA 98011
      View Details

    Nearby Similar for Sale

    • $735,000
      1,806 SF

      Updated Townhouse Overlooking Golf Course

      Light-filled, updated townhouse with golf course views and private deck.
      15929 67Th Ln NE, Kenmore, WA 98028
      View Details
    • Contact for pricing

      Kenmore Office Space Available

      Office property for sale in Kenmore, Washington.
      5723 NE Bothell Way, Kenmore, WA 98028
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Kenmore location, high-density potential.
    Where is this commercial real estate located?
    The property is located at 7228 Bothell Way Kenmore, WA.
    What is the asking price?
    The asking price for this property is $1,890,000.
    (206) 508-1250
    Request Owner's contact information
    7228 Bothell Way Kenmore, WA 98028
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7228 Bothell Way
    Kenmore, WA 98028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7228 Bothell Way Kenmore, WA 98028
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.