6610 NE 181St St Kenmore, WA 98028
This exceptional office property, Kenmore Village Square, offers a unique opportunity for businesses seeking flexible and conveniently located space. The single-story, 6,125 square foot building is situated on a 0.42-acre lot in the heart of downtown Kenmore, just two blocks from the shores of Lake Washington. The building features a total of 17 parking spaces, making it convenient for employees and clients. The property is classified as a Class B building and was constructed in 1975. Currently, there are multiple tenants, with available suites ranging from 1,080 to 3,250 square feet, ideal for a variety of medical or professional office uses. Its central location offers easy access to amenities and is a short distance from public transportation, benefiting from the ongoing development and growth in downtown Kenmore. Qualified tenants may be eligible for a rent abatement incentive on initial lease terms (restrictions apply). This is a fantastic opportunity to establish a presence in a thriving and desirable location. The property boasts a single building with no elevators. The property is located in King County.
The downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
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
DC · Kenmore, WAThe downtown commercial zone features a mix ofprivateand publicusesdesigned to create a small town feel and pedestrian friendly environment
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.