12509 NE Bel Red Road, Bellevue, WA 98005 (MLS # 2490740)

Listing provided courtesy of Northwest MLS; WPI Real Estate Services, Inc.

PRICE	$4,890,000
SIZE	n/a
LOT SIZE	28,720 sqft

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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.

LAST UPDATED	5/29/2026	TRACT	Wilburton
YEAR BUILT	1983	COMMUNITY	Wilburton
COUNTY	King	STATUS	Active
PROPERTY TYPE(S)	Commercial

ADDITIONAL DETAILS
AIR CONDITIONING	Yes
AREA	530 - Bellevue/East of 405
HEAT	Electric, Forced Air
HOA DUES	450
LOT	0.6593 acre(s)
LOT DIMENSIONS	Commercial, Office
MLS STATUS	Active
STYLE	60 - Comm Bldg Und 10K
SUBDIVISION	Wilburton
UTILITIES	Sewer Connected

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/17/26 9:59 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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