Edmonds, WA 98026 23700 Edmonds Way
$1,350,000
Presented By: Frontier Realty and NWMLS
- MLS# 2311794
- 11/19/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Prime property located on a high-traffic commuter route north toward the Edmonds-Kingston Ferry,. This 2,500 SF medical office is situated on a 11,000 SF lot, zoned Edmonds-BN, the property offers potential for redevelopment as retail or office space with residential units above. Additionally, the property benefits from the City-supported up-zone to Edmonds RM-1.5, allowing for the construction of up to 7 townhomes in the great waterfront City of Edmonds. An exceptional opportunity for investors and developers looking to capitalize on the area’s growth and potential! The building can be leased/owner occupied for similar or other commercial use or be used as a single-family house. Many options for this property, new floors and rent ready!
Presented By: Frontier Realty and NWMLS
Interior Features for 23700 Edmonds Way
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringEngineered Hardwood
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
General for 23700 Edmonds Way
Building Area UnitsSquare Feet
Building FeaturesDisabled Access, Signage Included, Storage
Cap Rate6
Carport Y/NNo
CityEdmonds
CoolingForced Air
CountySnohomish
DirectionsGPS is accurate for directions to the property. From I-5 or 99/Aurora Avenue. Head west on Ballinger Way/104 which becomes Edmonds Way. Building is on the left/south side.
Electric Expense600
Fuel Expense200
HOANo
HOA Fee$
HeatingBaseboard, Forced Air
Insurance Expense900
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet10890
Lot Size UnitsSquare Feet
MLS Area730 – Southwest Snohomish
ModificationTimestamp2025-06-30T17:13:12.273Z
NWM_ShowMapLinkY
Net Operating Income115600
Number Of Units Total2
PossessionClosing
Possible UseCommercial, Multi-Family, Residential, See Remarks
Property ConditionGood
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksPrime property located on a high-traffic commuter route north toward the Edmonds-Kingston Ferry, . This 2, 500 SF medical office is situated on a 11, 000 SF lot, zoned Edmonds-BN, the property offers pote
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameEdmonds
Tax Annual Amount6155
Tax Year2024
TopographyLevel, Sloped
Water CompanyOlympic Water & Sewer
Water Sewer Garbage2400
Year Built1954
Zoning DescriptionCommercial, Multi-Family, Residential, See Remarks
Exterior for 23700 Edmonds Way
Building Area Total
Covered Spaces
Exterior AmenitiesBrick, Cement/Concrete
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions77′ x 160′ x 87′ x 122′
Lot Size Acres0.25
Parking Uncovered Total11
Site Frontage87
Total Parking11
Water SourcePublic
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®