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814-844 Bellevue Way SE Bellevue, WA 98004

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For Sale
$7,500,000

Development site near downtown Bellevue with income-producing tenants.

Property size:
43,006 SF
Lot size:
0.99 Acres

Property Features for 814-844 Bellevue Way SE

General Information

Size
43,006 SF
Lot size
0.99 Acres

Source: Paragon Real Estate Advisors Agent Ben Douglas

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


Overview

Bellevue Way Development Opportunity

This is a development site located on Bellevue Way. The nearly one-acre site, spread across four parcels, is suitable for developing 18 townhomes, with permits ready to be re-submitted to the City of Bellevue. The location also presents an opportunity for an assisted living facility due to its location and increased density. Currently, there are two single-family rental properties and a World for Kids daycare that bring in rental income. All tenants are on month-to-month leases. The site is one mile from Downtown Bellevue, providing access to a business district home to major employers such as Amazon, Microsoft, and Salesforce. The property is near the recently opened Bellevue Downtown Link light rail station, offering connectivity to Seattle and other key regional destinations. The property is surrounded by retail, dining, and corporate headquarters.
Location Intelligence

Current Use by Public Records

Land

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?
Land - Development site near downtown Bellevue with income-producing tenants.
Where is this land located?
The property is located at 814-844 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: - Prime development site, less than one mile from Downtown Bellevue.; - Permits ready to be re-submitted for **18 townhomes on nearly one acre**.; - Excellent location for an assisted living facility.
More about this property
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