This is a development opportunity that is ideally positioned to access and enjoy the best of Bellevue, Kirkland, Seattle, and the Eastside. The site is a corner parcel that rests along the Cross Kirkland Corridor trail and is surrounded by a variety of residential zonings. The location boasts immediate access to SR 520, I-405, childcare, food, and the South Kirkland Park & Ride. Based on the zoning code, input from City of Bellevue staff, and an architectural analysis of the site constraints, we believe it is feasible to accommodate up to 27 dwelling units on the site, with suites ranging in size from 2-3 bedroom units, using a concept that includes 3 levels of flat units over enclosed parking. The concept includes additional guest parking as well. The property area is approximately 59,577 SF (1.37 acres) and allows for a maximum lot coverage area of 18,468 SF. The existing
building can be completely vacated by December 31, 2027.