Kenmore Development Site

$2,500,000 | SOLD! | Drake Remlinger and Benjamin Moore have successfully closed on their redevelopment listing in Kenmore, WA. Drake represented the City of Kenmore in the acquisition and Benjamin represented the seller. The City has plans to demolish the interim improvements and construct a new Public Works Maintenance Facility. This was a coordinated effort as we navigated through feasibility, public disclosures, council approvals, news releases and relocation plans for the tenants. The seller wanted enough time to move and for the current tenants to relocate. We were able to put together a contract that allowed for the extra time while giving the purchaser the ability to continue forward with their plans.

 

The property features a Triplex Building with two 2-car garages, as well as a Single Family Residence with an Apartment above the detached shop. Both properties are on adjacent separate parcels and sold altogether. Contact the brokers involved or check out the attached flyer for additional information!

 

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