8412 164 Avenue NE, Redmond, WA 98052

$2,580,000

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Listing courtesy of Windermere Bellevue Commons.

List Price
$2,580,000
Status
ACTIVE
MLS#
2544646
Days on Market
33
Lot Size (sq ft)
14,400

Property Description

Rare opportunity to acquire a 14,400-square-foot development site in the heart of Downtown Redmond. The property is zoned Downtown Core (DTC), the city’s highest-intensity zoning designation, allowing for a Floor Area Ratio (FAR) of up to 6.5 and a maximum buildable area of approximately 93,600 square feet. Positioned within walking distance of the Downtown Redmond Light Rail Station. The site offers an exceptional opportunity to develop a high-density mixed-use project in a supply-constrained market. Permitted uses include a combination of multifamily residential, office, retail, hospitality, and other complementary commercial uses, providing flexibility to capitalize on evolving market demand. With continued investment in Downtown Redmond, strong employment growth, and increasing demand for urban mixed-use developments, offers investors and developers the opportunity to create a landmark project in one of the Eastside’s most dynamic and desirable submarkets.

Additional Information

Community
Downtown Redmond
Style
43 - Comm/Industrial
Zoning Jurisdiction
City
Restrictions
No Restrictions
Sewer
Not Available
Tax Year
2026
School District
Raymond
Elementary School
Raymond Elem
Middle School
Raymond Jnr Snr High
High School
Raymond Jnr Snr High
Potential Terms
Cash, Conventional
Driving Directions
GPS Works
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