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Listed by:WPI Real Estate Services, Inc. • TC Wu

$4,890,000

Est. payment - /mo

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0.66 Acres Lot

Active

12509 NE Bel Red RD Bellevue, WA 98005

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Wilburton

MLS Listing ID 2490740

Style 60 - Comm Bldg Und 10K

HOA Fees $450/mo

Year Built 1983

Lot Size 0.659 Acres

Lot Dimensions Commercial, Office

Property Sub-Type Commercial Industrial

Property Description

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.

Location

State WA

County King

Area 530 - Bellevue/East Of 405

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Roof Type Composition

Building

Sewer Sewer Connected

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

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Arts & Entertainment

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Event Planning & Services

Automotive

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Local Media

Taco Del Mar

677 120th Ave NE, Bellevue, WA 98005

Mexican Phone: 425-646-9041
Six Coins Japanese Food Truck

Bellevue, WA 98005

Food Trucks Phone: 206-395-5785
Pho Ever

12015 NE 8th St, Bellevue, WA 98005

Vietnamese Phone: 425-455-0439
Tako Kyuuban

699 120th Ave NE, Bellevue, WA 98005

Japanese
T & M Vending

40 Lake Bellevue, Bellevue, WA 98005

Fast Food Phone: 425-451-0547
Big Apple Bagels

677 120th Ave NE, Bellevue, WA 98005

Bakeries Phone: 425-455-5422
Alano Club Of The Eastside

12302 NE 8th St, Bellevue, WA 98005

Bars Phone: 425-455-5700
Moghul Palace Indian Cuisine

677 120th Ave NE, Bellevue, WA 98005

Buffets Phone: 425-451-1909

Educational Environment

Elementary Schools (2)Middle Schools (4)High Schools (5)

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