Listing provided courtesy of WPI Real Estate Services, Inc.NWMLSMLS# NWM2490740MLS Provider
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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.

Source: NWMLS, MLS#: NWM2490740

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  • Property Type
    Commercial Sale
  • Lot
    0.66 acres

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  • Median Age
    36
  • Population Density
    2,847
  • College Educated
    75%
  • Estimated Median Income
    $135,225
  • Estimated Total Home Owners
    4,462
  • Estimated Total Renters
    4,128
  • Owner / Renter Divide
    52% / 48%
  • Estimated Average Household Size
    2
  • Total Population
    21,414
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12509 NE Bel Red Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/29/2026Source: NWMLS Status Change
Active
4/7/2026Source: NWMLS Status Change
Pending
3/10/2026Source: NWMLS Added to Database
March 10, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/8/2021Source: NWMLS Status Change
Sold