Listing provided courtesy of WPI Real Estate Services, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2490740
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Request Info12509 NE Bel Red RoadBellevue, WA 98005
Commercial · 0.66 Acres$4,890,000
Active
12509 NE Bel Red Road Overview
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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.
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12509 NE Bel Red Road Facts & Features
- Type Commercial
- Lot 0.66 Acres
Details
General
Association/HOA
- Association Fee: $450.00
- Association Fee Frequency: Monthly
Building Information
- Year Built: 1983
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 530 - Bellevue/East of 405
- Subdivision Name: Wilburton
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 2608000030
- Property Condition: Good
- Property Sub Type: Commercial Industrial
- Property Type: Commercial Sale
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Approximate Building Square Feet: 7686
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Heating: Yes
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
Exterior
Parking Information
- Open Parking: No
- Parking Total: 24
- Parking Uncovered Total: 24
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.6593
- Lot Size Dimensions: Commercial, Office
- Lot Size Square Feet: 28720
- Lot Size Units: Square Feet
- Site Frontage: 137
- Elevation Units: Feet
Building Exterior/Construction
- Construction Methods: Standard Frame
- Roof: Composition
- Structure Type: Unspecified
General Information
- Carport: No
- Exterior Features: Wood
- Number Of Units Total: 0
- Sewer: Sewer Connected
12509 NE Bel Red Road Neighborhood
Community
98005 (Bellevue) Demographics
36
Median Age
2,847
Population Density (per sq. mile)
75%
College Educated
$135,225
Estimated Median Income
4,462
Estimated Total Home Owners
4,128
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.12509 NE Bel Red Road Monthly Cost
12509 NE Bel Red Road Market Data
Based on the last 30 days in this zip code
$1,728,372
Average List Price
$703
Average Price per Square Foot
19
Properties Sold
55
Average Days on Market
112
Properties for Sale
12509 NE Bel Red Road History
| Date | Value | Agent |
|---|---|---|
| 5/29/2026Source: NWMLS | Active |
|
| 4/7/2026Source: NWMLS | Pending |
|
| 3/10/2026Source: NWMLS | March 10, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |
|
| 6/8/2021Source: NWMLS | Sold |