Listing Office: WPI Real Estate Services, Inc. Northwest Multiple Listing Service Logo

12509 Ne Bel Red Road, Bellevue, WA

$4,890,000

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0.66

Acres

About 12509 Ne Bel Red Road

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.

Features of 12509 Ne Bel Red Road

MLS® # 2490740
Price $4,890,000
Acres 0.66
Year Built 1983
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 12509 Ne Bel Red Road
Area 530 - Bellevue/East of 405
Subdivision Wilburton
City Bellevue
County King
State WA
Zip Code 98005

Amenities

Parking Spaces 24
Is Waterfront No

Interior

Heating Forced Air
Cooling Forced Air
Fireplace No

Exterior

Exterior Features Wood

Additional Information

Date Listed March 10th, 2026
Days on Market 119
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWPI Real Estate Services, Inc.

Listing Map

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