Restaurant Space with Commercial
22010 17th Ave SE, Bothell, WA 98021
For Sale
$175,000
Restaurant space includes a Type 1 hood, commercial kitchen equipment, parking, and street visibility.
Property Size1,425 SF
Price / SF$122.81
Days on Market88
Property Features for 22010 17th Ave SE
General Information
Standard status
Size
Property subtype
Restaurant
Hood Type
Commercial Hood
Additional Details
Highway Access
Listing Agency:
Realty ONE Group Orca Gold
Listed By:
Jina Fiveash · License #NWM86407
(425) 749-9489
Source:
Viewhomesinpugetsound
Added: Aug 13
Changed: Nov 1
Last Checked: Nov 8 at 6:44AM
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 Realty ONE Group Orca Gold
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,425 SF restaurant space is configured for food-service operations with a Type 1 hood and a fully equipped commercial kitchen. The manageable footprint supports a range of restaurant concepts and includes parking for customers and staff.
Located at 22010 17th Ave SE in Bothell, the property offers freeway access and visibility from the street. The space is positioned within a building surrounded by established businesses, providing an established commercial setting for an owner-operator or expanding restaurant business.
Located at 22010 17th Ave SE in Bothell, the property offers freeway access and visibility from the street. The space is positioned within a building surrounded by established businesses, providing an established commercial setting for an owner-operator or expanding restaurant business.
Key Highlights
- 1,425 SF restaurant space in Bothell
- Type 1 hood installed
- Fully equipped commercial kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,840
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,800
$276.8K
Cap Rate 7%
$197,714
$197.7K
Cap Rate 9%
$153,778
$153.8K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$21.4K $15.00/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$19.8K $13.88/SF
− OpEx
−$5.9K −$4.16/SF
NOI
$13.8K $9.71/SF
Area
Snohomish County, WA
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,800
Cap Rate 7%
$197,714
Cap Rate 9%
$153,778
Alternative Uses
Best Use
Specialty Retail
$316.8K
$277.2K – $369.7K
NOI $22,179 @ 7.0% cap · market cap 12.67%
Second Best
Industrial
$197.7K
$173.0K – $230.7K
NOI $13,840 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$397.4K
$347.7K – $463.7K
NOI $27,819 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,156
Businesses Nearby
83k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 19%
Apparel 6%
Hotels & Casinos 4%
McDonald's
Dining
35,417 visits/mo
0.1 miles
Jack in the Box
Dining
9,302 visits/mo
0.5 miles
Outback Steakhouse
Dining
8,118 visits/mo
0.4 miles
FedEx Office Print & Ship Center
Shops & Services
7,630 visits/mo
0.4 miles
Mud Bay
Shops & Services
5,169 visits/mo
0.5 miles
Demographics for 98021, WA
34,001
Population
12,629
Households
2.7
Avg Household Size
38
Median Age
60%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$172,559
Median Household Income
$88,673
Median Earnings
$2,537
Median Rent
$902,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a Type 1 hood, commercial kitchen equipment, parking, and street visibility.
Where is this conventional restaurant located?
The property is located at 22010 17th Ave SE Bothell, WA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,425 SF restaurant space in Bothell; Type 1 hood installed; Fully equipped commercial kitchen
