NWMLS

Listing Firm: WPI Real Estate Services, Inc. (206-522-8172). Listings with the three tree icon are courtesy of NWMLS.

12509 NE Bel Red Road

Bellevue, WA 98005

LISTING #2490740
$4,890,000
STATUS Active
YEAR BUILT 1983
PROPERTY TYPE Commercial Sale

ABOUT THIS PROPERTY

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.

PROPERTY DETAILS

EXPAND ALL
Location Information
County King
Community Bellevue
Latitude 47.619308
Longitude -122.171928
Directions From 124th Ave NE; RT on NE 10th Pl; take 3rd LT into the Forum South Building complex (past Quadrant new construction) to Building C.
Subdivision Name Wilburton
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Forced Air
Cooling Forced Air
Floors Vinyl, Carpet
Exterior Features
Style Comm Bldg Und 10K
Exterior Wood
Roof Composition
Septic or Sewer Sewer Connected
Water Public
Electric PSE
Power Production Type Electric
Parking Spaces 24
Lot Size in Acres 0.6593
Lot Size in Sq. Ft. 28,720
Additional Information
Possession Closing, Subject To Tenant Rights
Property Type Commercial Sale
Property Subtype Commercial Industrial
Structure Type Unspecified
Year Built 1983
Status Active
Lot Acres Source KCR
NWMLS

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INTERESTED IN

12509 NE Bel Red Road, Bellevue, WA 98005

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