109 Central Way, Kirkland, WA 98033

NNN Retail · Kirkland · Seattle-Bellevue metro, WA

Imagery suggests: restaurant with outdoor seating. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 149 reachable nnn retail buildings in Kirkland. Larger than 89% of nnn retail buildings in Kirkland (median 6,837 SF), derived from assessor records.

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Building size: 30,000 SF, King County Assessor
Lot size: 11,500 SF, King County Assessor
Year built: 1929, King County Assessor
Stories: 2, King County Assessor
Predominant use: Moss Bay Hall, Et. Al., King County Assessor
Assessed value: $9,705,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $323.51/SF, derived from assessor records
Lot coverage: 261%, derived from assessor records
Vintage: pre-war vintage
Zoning: CBD 2, King County
County use code: Retail Store
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

111 Park Ln, Kirkland · 0 mi · 1,250 SF · built 1958 · assessed $514.72/SF
115 Central Way, Kirkland · 0 mi · 5,523 SF · built 1928 · assessed $514.67/SF
11 Lake St, Kirkland · 0 mi · 7,956 SF · built 1996 · assessed $330.18/SF
80 Kirkland Ave, Kirkland · 0 mi · 1,152 SF · built 1931 · assessed $412.59/SF
21 Central Way, Kirkland · 0 mi · 12,728 SF · built 1925 · assessed $346.27/SF
5 Lake St, Kirkland · 0 mi · 15,548 SF · built 1918 · assessed $356.65/SF

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Sale history and market context

MakeMe Estimate: $11,612,389 (estimated market value), with a likely range of $8,510,635 to $13,580,905 (half of recent verified sales in this segment landed inside that range). Based on 38 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2019-12-20 for $8,700,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

2019-12-20: $8,700,000 from FJ/MT LLP to Kirkland Lake LLC, rec. 20191223000777

2004-01-28: transfer from FJ/MT Partnership Associates A to FJ/MT LLP (non-market transfer), rec. 20040129000947

1986-01-31: $900,000 from Private party to FJ MT Partnership Associates, rec. 198602070843

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $5,362,300 (2011) to $9,705,400 (2026), up 81% over 15 years, per county tax rolls. The 2026 roll splits $9,705,400 into $2,990,000 land and $6,715,400 improvements.

Zoning: CBD 2 (per King County)

Lot: 11,500 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Retail Store 10,000 SF; Office Building 10,000 SF; Basement, Parking 5,945 SF; Basement, Retail 4,055 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2024-09-26: Remodel, declared value $20,000 (Screened), permit BNR23-02957

2024-08-08: Remodel, declared value $200,000 (Screened), permit BNR24-05708

2024-06-17: Electrical, declared value $600 (Screened), permit ENR24-04720

2024-04-01: Remodel, declared value $100,000 (Complete), permit BNR24-01700

2023-06-16: Remodel, declared value $1,262,400 (Complete), permit BNR23-00121

2023-03-22: Plumbing, declared value $13,000 (Screened), permit PNR23-02160

2023-03-22: Plumbing, declared value $13,000 (Screened), permit PNR23-02159

2023-03-20: Other, declared value $83,510 (Screened), permit MNR22-08462

2023-03-14: Remodel, declared value $200,000 (Screened), permit BNR22-07392

2022-11-17: Remodel, declared value $36,721 (Screened), permit BNR22-07106

Source: King County permit records (newest first).