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22223840
22223839

116 Central Way, Kirkland, WA 98033

BS
WA2495
NAI Puget Sound Properties
Listed by NAI Puget Sound Properties
$7,500,000
469 days on market
Updated 92 days ago

William Cheney Bryant Building

Details
APN 3885808670
Property Type Retail
Sub Type Storefront, Street Retail
Square Footage 9,250
Units 4
Cap Rate 5.75%
NOI $431,250
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $811
Year Built 1922
Year Renovated 2018
Buildings 1
Stories 1
Acreage 9375.000
Zoning Retail : Central Business District-8

Downtown Kirkland fully occupied retail bldg available for sale.

Marketing description

Introducing an exceptional investment opportunity in downtown Kirkland, WA. This historic 9,250 SF retail building, originally built in 1922 and meticulously renovated in 2018, presents a prime location for retail and street retail investors. Boasting four units, each with long-term leases locked in at below-market rates, this property offers immediate income potential. A recent renovation, including updated HVAC systems in all four suites, provides added value. This is the first time this sought-after property has been made available for purchase. With its Retail zoning and prime location, this property is poised to deliver strong returns for savvy investors.

Investment highlights

  • Highly desirable downtown Kirkland location
  • Long term leases in place at below market rents
  • Building was recently renovated
  • New HVAC equipment in all 4 suites
  • Sub-market : Downtown Kirkland

Listing Contacts

BS
WA2495
NAI Puget Sound Properties
Listed by NAI Puget Sound Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$431,250.00
$35,937.50/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

Map

Zoning

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CBD-8 CommercialCore CommercialCentral Business District
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View all 12 uses
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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