$4,750,000
Harmony
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 674443
8550 164th Ave NE
Redmond, WA 98052

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Commercial Property

Marketing Description:

Harmony is your opportunity to invest in a fully permitted development site in an irreplaceable location. Located at 8550 164th Ave NE, Redmond, WA 98052, this 0.25-acre lot is ready for the construction of 99 residential units, two micro offices, ground-floor commercial or amenity space, and parking for 48 vehicles. Situated in the heart of downtown Redmond, this site is just 0.6 miles from the upcoming Downtown Redmond Light Rail Station, part of Sound Transit's $53.8 billion expansion. With permits in-hand after a three-year process, Harmony is poised for success in a rapidly growing market. Expertly-designed plans for Harmony emphasize luxury building amenities and expansive community spaces, including a rooftop deck, interior courtyard, open kitchen and lounge, and ground-level mechan

Land Features:

  • Lot Size: 10890 SqFt
  • Lot Acreage: 0.25 Acres
  • Zoning: TSQ
  • Total Parking: 48
  • Uncovered Parking: 48

Building Features:

  • Building Size: 28891 SqFt
  • Number of Floors: 5
  • Cap Rate: 0.00%
  • Construction: Framed, Wood
This Listing Supplied Courtesy of Berkadia Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity