Property Details
12509 NE Bel Red Road
Bellevue, WA 98005
$4,890,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Wilburton
Listed
Mar 10, 2026
Parcel Number
2608000030
Tax & HOA
HOA Fee
$450/monthly
Building & Use
Building Sq Ft
7,686
Lot Size
28,719 sqft
Year Built
1983
Exterior & Lot
Lot Size
0.66 sqft
Year Built
1983
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood
Community & Access
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.
Location
City
Bellevue
County
King
Coordinates
47.61931, -122.17193
Additional Information
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 10:37 AM. 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.
