23700 Edmonds Way - Medical FOR SALE


Edmonds, WA 98026
$1,450,000 USD
425-712-8949
23700 Edmonds Way, Edmonds, WA for Sale
$1,450,000 USD
Medical - FOR SALE
1/4
null | 6% Cap Rate

23700 Edmonds Way
Edmonds, WA 98026


HIGHLIGHTS

  • Multi-tenant medical office is situated on a 11,000 SF lot
  • High-traffic commuter route
  • EDMONDS-BN ZONING - property offers potential for redevelopment as retail or office space with residential units above
  • Property benefits from the City-supported up-zone to Edmonds RM-1.5, allowing for the construction of up to 7 townhomes
  • Many options for this property, new floors and rent ready

OVERVIEW

Prime property located on a high-traffic commuter route north toward the Edmonds-Kingston Ferry,. This 2,500 SF, multi-tenant medical office is situated on a 11,000 SF lot. Zoned Edmonds-BN, the property offers potential for redevelopment as retail or office space with residential units above. Additionally, the property benefits from the City-supported up-zone to Edmonds RM-1.5, allowing for the construction of up to 7 townhomes to meet the growing demand for higher-density housing in the vibrant, waterfront city of Edmonds. An exceptional opportunity for investors and developers looking to capitalize on the area’s growth and potential!

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$580 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

New Health Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

BN

APN/PARCEL ID

004633-003-004-02

ASK ABOUT THIS PROPERTY

YJ ChoiFrontier RealtyMore Info
425-712-8949

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YJ ChoiFrontier RealtyMore Info
425-712-8949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.