Property Details
11520 Northup Way
Bellevue, WA 98004
$3,170,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 20
Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Bridle Trails
Listed
Aug 11, 2026
Parcel Number
3899500320
Tax & HOA
Annual Property Tax
$13,628 (2026)
Est. Monthly Tax
$1,136/mo
Financial Summary
Net Operating Income
$111,640
Gross Scheduled Income
$147,695
Total Expenses
$28,670
Total Actual Rent
$11,835/mo
Monthly NNN
$473/mo
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,620
Total Units
2
Zoning
Commercial
Possible Use
Commercial
Lot Size
22,891 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.53 sqft
Year Built
1978
Community & Access
Directions
via 1-5: Exit 13B to NE 8th St, left onto 116th Ave NE, left onto Northup Way, building will be on your left. via 520: Exit at 124th Ave NE, right onto Northup Way, building will be on your left.
Location
City
Bellevue
County
King
Coordinates
47.63373, -122.18632
Additional Information
Tax Year
2026
Annual Taxes
$13,628
Possession
Array
Based on information submitted to the MLS GRID as of August 12, 2026 6:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
