The apartment complex dates back to the mid-1960s in Bellevue. (Mike Platania photo)
It’s been a busy start to the year for Bellevue’s main commercial drag.
Last week the MacArthur Apartments at 4022 MacArthur Ave. sold for $4 million, city records show.
The new owner of the 36-unit complex is an entity tied to Jordan Jefferson of North Chesterfield. The seller was the Seelmann family, who, per city records, had owned the property since buying it for $725,000 in 1999.
The sale closed April 3. The 0.9-acre parcel was most recently assessed by the city at $1.7 million.
It’s unclear what the future holds for the 59-year-old complex. Jefferson, through attorney Austin Wallace of Parker, Pollard, Wilton & Peaden, declined to comment. No redevelopment plans for the property had been filed with the city as of press time.
The two-story apartment building and its parking lot front a sizable stretch of MacArthur Avenue between Bellevue and Nottoway avenues. It’s adjacent to the former Samis Grotto Temple at 4028 MacArthur Ave., which is slated for a mixed-use renovation after selling to a pair of local developers in January.
Across the street is Neighbor, a new restaurant that took over from The Mill on MacArthur last month.
The apartment complex dates back to the mid-1960s in Bellevue. (Mike Platania photo)
It’s been a busy start to the year for Bellevue’s main commercial drag.
Last week the MacArthur Apartments at 4022 MacArthur Ave. sold for $4 million, city records show.
The new owner of the 36-unit complex is an entity tied to Jordan Jefferson of North Chesterfield. The seller was the Seelmann family, who, per city records, had owned the property since buying it for $725,000 in 1999.
The sale closed April 3. The 0.9-acre parcel was most recently assessed by the city at $1.7 million.
It’s unclear what the future holds for the 59-year-old complex. Jefferson, through attorney Austin Wallace of Parker, Pollard, Wilton & Peaden, declined to comment. No redevelopment plans for the property had been filed with the city as of press time.
The two-story apartment building and its parking lot front a sizable stretch of MacArthur Avenue between Bellevue and Nottoway avenues. It’s adjacent to the former Samis Grotto Temple at 4028 MacArthur Ave., which is slated for a mixed-use renovation after selling to a pair of local developers in January.
Across the street is Neighbor, a new restaurant that took over from The Mill on MacArthur last month.
Could the old apartments be replaced with two rows of townhouses?
lot is prob not deep enough for 2 rows, and that type of density would face some resistance. one row, if built closer to the street, could allow garages in back. however, new owner told North of the James they intend to do some renovations
It’s not just an eyesore, but the residents in that complex are living in shabby conditions because the building is literally falling apart. I like that we have housing for all income levels in Bellevue, but it shouldn’t mean that those paying less should be made to suffer. I agree with what some dude said on the last comment section. The parking lot in front creates dead space on a commercial street, and should be moved to the back. And let’s attempt to make it not hurt our eyes to look at.
First floor retail, second floor condos< third floor condos?
That would be amazing. What a great opportunity. Those apartments bring the area there down
My idea exactly Ed. I’d love to see any new property moved closer to the sidewalk like Carytown and the other side of the street to create a walkable feel to the street.
Either something like that – (ground floor retail, three floors of condos) — or, absent the retail component, 2 over 2’s similar to what’s being constructed east of the Diamond District near Hardywood’s taproom.
In either case, the building should come all the way up to the sidewalk to create a legitimate urban streetscape. Parking in the rear.
There’s a lot of opportunity here to redevelop, add units and retail and potentially a pocket park on the north end. I comped this up about a year ago… commentary consensus is to move the structure closer to the street and move parking to the rear.
This
Love the building design. These would be 2 over 2’s, no?
My only change would be to eliminate the driveway from in front and bring the entire building all the way up to the sidewalk to create a legitimate urban streetscape.Minimize (preferably eliminate) the dead space in front of the building. Any/all driveway access/parking, etc., should be in the rear.
Really nice mockup. Gorgeous design on that building.👍
Thanks, Peter, although I cannot take credit for the design. I just comped this together from the first passable building design I could find that was depicted in the right orientation to drop into my screengrab of a Google Streetview. I did it to hopefully drum up excitement and ideas about what development could do to this block – proof of concept, if you will.
Bonus points for parking a Samurai out front.
Ironically, this lot was the subject of much commentary just a few months ago on Bizsense when the adjacent building sold. Everyone wants to see a beautiful row of urban development built right along the sidewalk for street continuity. Such a project would have the potential to become the anchoring jewel in all of Bellevue, and I hope the new owners will give serious consideration to this whenever they decide to redevelop the block.