Bothell Office and Warehouse
810 240th St SE Bothell, WA 98021
810 240th St SE, Bothell, WA, 98021
$3,600,000
For Sale
$3,600,000
Stand-alone office with warehouse and fenced yard in Bothell.
Property Size7,913 SF
Price / SF$454.95
Days on Market474
Property Features for 810 240th St SE
General Information
- Standard status
- Active
- Size
- 7,913 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1954
Listing Agency
KIDDER MATHEWS
(425) 450-1118
Listed by
TODD GAUTHIER · License #44029
Source
Corcoran
Added: Mar 31, 2025 Checked: Jul 17 at 3:33 am
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 KIDDER MATHEWS
Investment Insights
Based on property information with market context.
This property features a stand-alone office building with high-end finishes. Additionally, there is a 2,517 square foot warehouse building. The property includes 8,115 square feet of fenced yard space. Located in Bothell, Washington, the property can be leased or purchased. Furniture is available.
Key Highlights
- Rare stand‑alone office building
- Additional 2,517 SF warehouse building
- 8,115 SF of additional fenced yard space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.5k | $27.36 |
| − Vacancy | −$28.6k | −$3.61 |
| EGI | $187.9k | $23.75 |
| − OpEx | −$47.0k | −$5.94 |
| NOI | $140.9k | $17.81 |
7,913 SF · lease $27.36/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.35M
NOI $140,941 @ 7.0% cap · market cap 3.92%
Second Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,048 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,476 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aldrich + Associates Inc.
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Stand-alone office with warehouse and fenced yard in Bothell.
Where is this office building located?
The property is located at 810 240th St SE Bothell, WA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Rare stand‑alone office building; Additional 2,517 SF warehouse building; 8,115 SF of additional fenced yard space
