12509 Ne Bel Red Road, Bellevue, Washington 98005

WA, Bellevue
$4,890,000
  • 0.66 Acre
  • Commercial Sale Property Type
  • 1983 Year Built
  • Pending Status
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.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2490740
  • Price: $4,890,000
  • Year Built: 1983
  • Lot Area: 0.66 Acre
  • Status: Pending
  • Office Name: WPI Real Estate Services, Inc.
  • Agent Name: TC Wu
  • Property Sub Type: Commercial Industrial
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System Forced Air
  • Exterior Features Wood
  • Flooring Carpet, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Bellevue
  • Zipcode 98005
  • Street: Bel Red
  • Street Number: 12509
  • Street Suffix: Road
  • Longitude: W123° 49' 41.1''
  • Latitude: N47° 37' 9.5''
  • 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.
  • Mls Area Major: 530 - Bellevue/East of 405
  • Street Dir Prefix: NE
Additional Information
  • Lot Size Dimensions: Commercial, Office
  • On Market Date: 2026-03-10
  • Construction Materials: Wood
Financial
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Yn: 1
Listing Information
  • List Agent Mls Id: 62179
  • List Office Mls Id: 7101
  • Listing Term: Cash,Conventional
  • Mls Status: Pending
  • Modification Timestamp: 2026-04-08T04:04:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-08T04:01:52Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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