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814 Bellevue Way SE Bellevue, WA 98004

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For Sale
$7,500,000

Development site suitable for townhomes or assisted living facility.

Property size:
43,006 SF

Property Features for 814 Bellevue Way SE

General Information

Size
43,006 SF

Building Details

Year built
1952
Source: Corcoran

Listing Agent: Brian Platt

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


Overview

Bellevue Way Development Opportunity

This is an exclusive listing of a development site on Bellevue Way. The properties are on the market for the first time in over 40 years. The site offers an opportunity to develop 18 townhomes on nearly one acre of developable land that spreads across four parcels. Permits are ready to be re-submitted to the City of Bellevue. The location and increased density also present a great opportunity for an assisted living facility. Currently, there are two single-family rental properties and a World for Kids daycare that generate rental income, which can help cover 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 to develop the property. The property size is 43006 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Restaurant Law Firm Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Bellevue
County
King
State
Washington
Longitude
-122.2006863
Latitude
47.6023968

FAQs

What type of property is this?
Residential land & home lot - Development site suitable for townhomes or assisted living facility.
Where is this residential land & home lot located?
The property is located at 814 Bellevue Way SE Bellevue, WA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: - Development site with permits ready to be re-submitted for 18 townhomes.; - Nearly one acre of developable land across four parcels.; - Opportunity for assisted living facility development.
More about this property
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