Property Details

15700 Bel-Red Rd

Bellevue, WA 98008

$7,500,000

Available

CBA# 711885 courtesy of CBA Listing firm: Westlake Associates, Inc.

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Commercial

Property Type

6,291

Bldg Sq Ft

Units

1975

Year Built

Property Overview

15700 Bel-Red Road offers a rare chance to acquire a strategically located development site in Bellevue’s rapidly transforming Bel-Red Corridor—literally steps from Microsoft’s Overlake Campus. Recently upzoned to NMU (Neighborhood Mixed-Use), the property now supports mid-rise, mixed-use development up to 110 feet height limit, positioning it perfectly for a high-density multifamily project backed by exceptional demographics, robust job growth, and immediate access to major transit investments including the Overlake Light Rail Station. Existing improvements include a 6,291 SF medical/dental office building, providing an opportunity for an owner-user or interim income generation prior to redevelopment.