18624 Reder Way Bothell, WA 98011

This exceptional mixed-use property, located at 18624 Reder Way in Bothell, WA 98011, presents a compelling redevelopment opportunity. The 0.22-acre lot (APN 0970000125) features a 9,730 square foot, two-story building constructed in 1927, currently boasting 100% occupancy. The property is zoned Bothell DT - Downtown Transition, allowing for a diverse range of permitted uses, including multi-family residential, business/personal services, office, lodging, and civic/cultural facilities. The zoning permits a three-story building height. Buyers have the option to demolish the existing structure and construct a new building aligned with approved permitted uses. The property's strategic location in the heart of downtown Bothell offers unparalleled access to retail, multi-family residences, grocery stores, shopping, and major freeways. This is a rare chance to capitalize on the growth and potential of this vibrant area. The asking price is $1,600,000, translating to $164.44 per square foot. This presents a unique opportunity for investors and developers seeking a high-impact project in a thriving Washington community.