Kirkland, WA Retail Property For Sale

Rare opportunity to acquire a property on the affluent east side. Located in close proximity to Lake Washington in the heart of the Juanita neighborhood. The current Michaels lease contains an ongoing Landlord Termination Right (upon 730 days advance written notice)

allowing the investor to re-develop the property immediately,

or hold for future development. Michaels signed a 5-year lease

renewal commencing September 2018 and expiring August

2022, subject to the ongoing Landlord Termination Right. The

location and zoning are advantageous for development with

potential uses including retail, multi-family, office, hospitality, senior care, assisted living, child care, and more.

Rare opportunity!!! Building and Business For Sale

Building and Land Information:

For Sale on 0.6 Acres

Leasable Area: 3,792 Sq. Ft.

Year built: 1971/1999

Business Information:

Established Restaurant/Bar

2018 Gross Sales $1,337,779.00

2017 Gross Sales $1,462,885.00

Full bar, Outdoor Seating, Free Parking

Absentee Owner

Trade name included

ALL POTENTIAL BUYRS AND BROKERS MUST SIGN NDA FOR FINANCIAL INFORMATION.

Title with First American File No. NCS-985258-WA1

Tax iD #: 3026059274

Prime West of Market Street Kirkland 3 Parcels Assemblage Investment Development Opportunity.

Lakeside Plaza #3885802835 (0.48 Acres) Rear Tax Parcel #3885802905 (0.07 Acres) & Adjacent Zip Market, Parcel #388580-2875 With 2400 SF Sited On 13,280 SF Lot Included In Sale. Zoned MSC-2. True Value In Re-Development Opportunity Mix Use Retail Office Multi-Family* Potential For Three Stories Commercial Retail Ground Floor Space & Two Stories Apartments/Office Upper Floors.Per City Of Kirkland ,MSC-2 900 SQ FT Per Acre Dwelling Zoning. Fiscal 6 Long Term Tenants Mix.

2 Separate Ownership. Price Breakdown - 1413 ($4.550,000) & 1431 ($2.448,888)

Please Drive By & View With Discretion. Do Not Disturb and or Communicate With Any Tenants. Any Question, Please Contact Listing Broker Tax iD #: 3885802835; 3885802875; 3885802905

Please register at the marketing website for the OM, massing study, other Due Diligence materials, and future updates including the call for offers date. Tax iD #: 1233100680

Excellent Kirkland location fully leased multi- tenant retail shopping center anchored by: 7-11, Pizza Hut, Mexican Restaurant, Hair Salon, Dry cleaners. Good neighborhood retail center with corner location and great upside potential for future redevelopment opportunity. Most tenants have been there 10+ years. Highly visible, plentiful parking. Close to Safeway, McDonalds and Bartells plus close proximity to Interstate 405. Tax iD #: 2126059191

Great Downtown Kirkland location,134 Central Way #138 has a Walk Score of 88.This location is in the Norkirk Downtown neighborhood of Kirkland.Walk to Banks, shopping, baristas, restaurants, Marina Park, Marina Park Pavilion and Heritage Park.Retail/office condo is in the Marina Heights Condo, street level.Beautiful space, totally remodeled in 2018.Currently Rainier garage door occupies the space with a gorgeous showroom, office space, storage & bathroom.The condo is for sale, the business is not included. High foot traffic, demographics & visibility. Tax iD #: 5148800000