All homes

$4,890,000

12509 Bel Red Road

Bellevue, WA 98005

Active

Beds

Baths

Sq Ft

Lot

0.66 ac

Year built

1983

Type

Commercial Sale

Days listed

110

MLS #

2490740

About this home

WPI Real Estate is pleased to present an exceptional opportunity to own 12509 NE Bel-Red Road, Bellevue, a prime, free-standing office building that is strategically positioned just one block from the Meta-anchored Spring District. Featuring highly versatile 'O' (Office) zoning, this asset accommodates a broad spectrum of permitted uses, including day care centers, professional offices, medical clinics, educational and religious facility. The property offers a rare, turnkey advantage: while currently 100% tenanted, the seller will secure early lease terminations, allowing an owner-user to occupy all or a portion of the space without the hassle or cost of tenant buyouts. Located at the epicenter of regional connectivity, the site is close to the Spring District and Wilburton Light Rail Stations, with immediate access to I-405 and SR-520 for effortless Puget Sound commuting. Positioned directly in the path of growth, the property will significantly benefit from upcoming changes to Bellevue’s Comprehensive Plan, which will allow for higher density, drive population growth, and inherently enhance the underlying long-term value of the site.

Exterior features

Wood

Property details

Heating
Forced Air
Cooling
Forced Air
Flooring
Vinyl, Carpet
Sewer
Sewer Connected

Costs

HOA dues
$450 / monthly

Estimate your monthly payment

$25,177/mo

Principal & interest
$24,727
HOA dues
$450
Loan amount $3,912,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Bellevue, WA 98005

Approximate location. Contact us to confirm the exact address.

Listing courtesy of WPI Real Estate Services, Inc.— TC Wu.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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