Riverbend Apartments and Retail Complex

7635-7661 159th Pl NE, Redmond , WA

Downtown Redmond
MAIN-Riverbend Apt Retail Bldg 7635-7661 159th Pl NE, Redmond 98052

This property offers a 6 floor apartment building with 106 units nestled in the heart of Redmond. Positioned perfectly to capture panoramic city and territorial views and placed on the path of the upcoming Light Rail terminus along with the highly popular Burke-Gilman Trail. Just under 40,000 sf property. Some homes are townhomes with their own individual street entrance onto 159th Pl. Feasibility, construction bids, and pro forma all available: 7.5% cap rate. Amenities planned include a state of the art gym. 187,000 sf gross floor plate area. Just under 200 parking stalls.

  • 38,250 SF Property
  • 187,179 SF Total Building Gross Floor Plate Area
  • 6 Floors
  • 106 Units
  • Downtown and Territorial Views