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$3,170,000
2567720 MLS ACTIVE Status
Rare Eastside investment/flex opportunity with strong income and upside potential. Approximately 3,600 SF building on an approximately 22,890 SF flat, usable lot currently leased to two tenants for immediate cash flow. Location with excellent access to Medina, Clyde Hill, Houghton, and the broader Eastside with limited competing commercial/flex inventory - many nearby sites converting to residential. BUILDING/SITE: 13ft ceilings, 3 roll-up doors, dedicated vented paint room, two bathrooms, gas force- air heat, concrete exterior, 30+ parking spots, large covered carport, secured front entry gate DEVELOPMENT /REPOSITIONING POTENTIAL: Zoned GC (General Commercial), the property supports a wide range of uses and offers strong potential for expansion, repositioning, or redevelopment. Buyers should independently verify zoning, permitted uses, expansion opportunities, parking standards, and environmental conditions. Office FAR: 0.50. Rear Setback 10’ with Geotech.

11520 Northup Way, Bellevue

Listing courtesy of Westlake Associates, Inc..

$4,890,000
2490740 MLS ACTIVE Status
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.

12509 NE Bel Red Road, Bellevue

Listing courtesy of WPI Real Estate Services, Inc..

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