Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    6443 NE 181st Street Kenmore, WA 98028

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $879,000

    Commercial/medical office building in Kenmore with flexible layout.

    Property size:
    2,000 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $439/SF
    Added:
    Mar 10, 2026
    Days on Market:
    59
    Last Refresh:
    Mar 16 at 11:02 am

    Property Features for 6443 NE 181st Street

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.15 Acres

    Building Details

    Year Built
    1946

    We can help!

    Listing Contact
    DAN WICK

    Listing agent DAN WICK

    Listing office QUANTUM REAL ESTATE

    Listing date Mar 10, 2026

    Source Corcoran

    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 QUANTUM REAL ESTATE

    HighLights

    • High visibility and signage opportunity on NE 181st Street
    • Flexible layout suitable for office, retail, medical, or service‑based businesses
    • ±2,000 SF commercial/medical office building
    • Street‑level main floor with excellent grade‑level access
    • Lower level provides additional usable space
    • Convenient access to Bothell Way (SR‑522)

    Overview

    Kenmore Commercial/Medical Office Building

    This commercial/medical office building, with an area of approximately 2,000 square feet, is available for sale or lease in Kenmore. The daylight rambler-style structure features a flexible layout. The street-level main floor offers grade-level access, visibility, and signage opportunities along NE 181st Street. The lower level provides additional usable space suitable for medical office, salon, or support functions. The building is suitable for a variety of office, retail, or service-based businesses. It has convenient access to Bothell Way (SR-522) and surrounding neighborhoods. A storage building is located at the back of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Kenmore Veterinary Hospital — 6630 NE 181st St, Kenmore, WA 98028
    • Inglemoor Animal Hospital — 16900 Juanita Dr NE, Kenmore, WA 98028
    • Kenmore Veterinary Hospital: Sharma Deepak K DVM — 6630 NE 181st St, Kenmore, WA 98028
    • Amanda's Fake Vet — 16904 Juanita Dr NE #200, Kenmore, WA 98028
    • Hook Karen a DVM — kenmore, wa 98028

    Location Insight

    • Map
    • Local Demand
    City
    Kenmore
    County
    King
    State
    Washington
    Longitude
    -122.254648
    Latitude
    47.7594365

    Nearby Similar for Sale

    • $829,000
      2,000 SF

      Kenmore Commercial/Medical Office Building

      2,000 SF commercial/medical office building in Kenmore for sale.
      6443 181st St, Kenmore, WA 98028
      View Details
    • Contact for pricing
      8,602 SF

      Medical-Dental Building Overlooking Lake Washington

      Purpose-built medical-dental building with lake views and convenient access.
      5723 Bothell Way Northeast, Kenmore, WA, 98028
      View Details
    • $795,000
      1,504 SF

      Mixed-Use Property with Lake Views

      Two-story mixed-use property in Kenmore with lake views.
      18023 62nd Ave NE, Kenmore, WA 98028
      View Details
    • $2,500,000
      4,840 SF

      Kenmore Stand Alone Retail Building

      Stand-alone building with ample parking, suitable for retail or redevelopment.
      8020 NE Bothell Way, Kenmore, WA 98028
      View Details
    • Contact for pricing
      36,183 SF

      Kenmore Apartment Community Investment

      41-unit apartment community in Kenmore, Washington with value-add potential.
      7206 NE 182nd St, Kenmore, WA 98028
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Commercial/medical office building in Kenmore with flexible layout.
    Where is this medical office space located?
    The property is located at 6443 NE 181st Street Kenmore, WA.
    What is the asking price?
    The asking price for this property is $879,000.
    What are key features of this property?
    This property features: High visibility and signage opportunity on NE 181st Street; Flexible layout suitable for office, retail, medical, or service‑based businesses; ±2,000 SF commercial/medical office building
    (206) 900-2626
    We can help!
    Listing Contact
    DAN WICK
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6443 NE 181st Street, Kenmore, WA 98028
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!