435 Sunset Way Issaquah, WA 98027-3440
This exceptional commercial property, located at 435 E Sunset Way in Issaquah, Washington, presents a fantastic investment opportunity. The building boasts a total of 2,000 square feet situated on a sizable 0.17-acre lot (7,260 square feet). Currently configured as a chiropractic office, this adaptable space is ideal for a wide range of businesses. The main floor features a welcoming waiting area, a reception desk, three treatment rooms, and a convenient full restroom, ensuring accessibility for all clients. An ADA-compliant elevator provides seamless access to the lower level. The basement offers additional functionality with a kitchenette, a restroom, a treatment room, and a dedicated lab area. The building's location on the busy E Sunset Way ensures high visibility and accessibility, making it an attractive proposition for any business seeking a prominent presence in Issaquah. The asking price is $1,475,000, and seller financing may be available. This presents a unique chance to acquire a well-maintained, versatile commercial property in a thriving location. The property's size and layout offer ample space for expansion or customization to suit specific business needs. Don't miss this opportunity to secure a valuable asset in a desirable market.
Multifamily - High - MF-H and Multifamily - High East Sunset (MF-HES) (29 du/Acre). 1. This zone intends to provide high-density multifamily neighborhoods near a variety of urban services and commercial uses. Duplexes and multifamily units are permitted uses. Senior housing, recreational uses, small-scale retail, and lower intensity urban services are permit…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MF-H · Issaquah, WAMultifamily - High - MF-H and Multifamily - High East Sunset (MF-HES) (29 du/Acre). 1. This zone intends to provide high-density multifamily neighborhoods near a variety of urban services and commercial uses. Duplexes and multifamily units are permitted uses. Senior housing, recreational uses, small-scale retail, and lower intensity urban services are permitted as governed by IMC 18.402.020 , Table of permitted uses; provided, that traffic and other related impacts are not detrimental to the district. The following objectives apply to this zone: a. Provide opportunities for high-density multifamily dwellings in direct proximity to commercial and retail services while preserving open space areas; b. Require landscape buffers which separate neighboring land uses and arterial roadway from dwelling units; c. Locate housing in close proximity to a range of urban services, to facilitate transportation alternatives and encourage pedestrian access; d. Require that traffic generated from multifamily uses will not pass through single-family neighborhoods; and e. Provide opportunities for limited scale retail, office, and service uses. C. Urban Village - Multifamily - UV-MF. This zone intends to provide multifamily neighborhoods near a variety of urban services and commercial uses. Apartments, condominiums, multiple townhouses on a parcel, duplexes, triplexes, and fourplexes are permitted uses. Objectives for these zones are site-specific since they have different neighborhood characteristics and are addressed in Urban Village subarea standards, covered in Part VII of this title, Neighborhood Overlays. (Ord. 3015 § 1 (Exh. A), 2023).
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
