15550 84th Avenue NE Kenmore, WA 98028

Sold (9 Days)

$2,975,000

0.86

ACRES

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Description

This is a bankruptcy auction. Upcoming Auction March 1. OFFERS ARE DUE FEB 26 FOR COMMITTEE REVIEW. Closing March 12. Approved plans for 5 elder care homes, ground is level and ready to go. All liens will be paid off by escrow at closing, buyer will inherit a clean title. Finding a landlord for the exit. Site allows for 10 single family homes, however restarting entitlements on this site will prove to be very costly. 1.5M gross profit potential on the current business plan.

MLS #:
2202109

Lot Size
0.86 acres

Type
Land

Style
Res-Less Thn 1 Ac

School District
Northshore

County
King County

Community
Kenmore

Listed By

Steven Weber, Windermere Nw

Bought with
Non Member Zdefault, Znonmember-Office-Mls

Source
Northwest MLS as distributed by MLS Grid
Last checked Dec 7 2024 at 2:35 AM PST

Bathroom Details

Subdivision

Kenmore

Utility Information

Utilities: Electricity Connected, Natural Gas Available
Sewer: On Property

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 12/6/24 18:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.