14-Bedroom Assisted Living
9216 132ND AVE NE, Redmond, WA 98052
For Sale
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Three levels offer separate living areas, multiple kitchens, and a finished lower floor with its own entrance.
Property Size7,980 SF
Lot Size0.30 Acres
Days on Market20
Property Features for 9216 132ND AVE NE
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Tenant in Place
Amenities
3 kitchens
multiple living areas
3 laundry facilities
abundant storage
whole-house generator
Trex deck
private street
landscaped grounds
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Windermere Real Estate East Inc.
Listed By:
Julie Scozzafave · License #98398
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 4:27PM
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 Windermere Real Estate East Inc.
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Investment Insights
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This three-story assisted living property contains approximately 7,980 square feet on a 13,220-square-foot lot. Its 14 bedrooms are complemented by three kitchens, several living areas, three laundry facilities, and substantial storage. The finished daylight lower level has three bedrooms, a full kitchen, a living area, and a separate entrance. A three-car attached garage, additional parking, a whole-house generator, and landscaped grounds are also part of the property.
The main floor is leased to an adult family home operator, while the upper floor is used for residential rental income. Improvements include stucco repairs and exterior paint, roof repairs and cleaning, updated heating and air conditioning on the main level, and a Trex deck. The real estate is offered without the adult family home business. The city has identified a path to pursue permits for a second dwelling unit and address; any such development remains subject to permitting and approvals.
The main floor is leased to an adult family home operator, while the upper floor is used for residential rental income. Improvements include stucco repairs and exterior paint, roof repairs and cleaning, updated heating and air conditioning on the main level, and a Trex deck. The real estate is offered without the adult family home business. The city has identified a path to pursue permits for a second dwelling unit and address; any such development remains subject to permitting and approvals.
Key Highlights
- Approximately 7,980 SF across three stories on a 13,220 SF lot
- 14 bedrooms, three kitchens, multiple living areas, and three laundry facilities
- Main floor leased to an adult family home operator; upper floor provides residential rental income
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 98052, WA
77,176
Population
34,946
Households
2.2
Avg Household Size
34
Median Age
75%
College-Educated
98%
High-School Grad
20.3 sq mi
ZIP Area
3,802
Density / Sq Mi
$164,848
Median Household Income
$106,078
Median Earnings
$2,339
Median Rent
$1,107,900
Median Home Value
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- Majestic Senior Care, Kirkland Adult Family Home — 10208 126th Ave NE, Kirkland, WA 98033
Frequently Asked Questions
What type of property is this?
Assisted living facility - Three levels offer separate living areas, multiple kitchens, and a finished lower floor with its own entrance.
Where is this assisted living facility located?
The property is located at 9216 132ND AVE NE Redmond, WA.
What are key features of this property?
This property features: Approximately 7,980 SF across three stories on a 13,220 SF lot; 14 bedrooms, three kitchens, multiple living areas, and three laundry facilities; Main floor leased to an adult family home operator; upper floor provides residential rental income
