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Two-Tenant Flex Building
For Sale
$3,170,000

11520 Northup, Bellevue, WA 98004

Leased flex property with roll-up access, dedicated workroom, parking, and General Commercial zoning.

Property Size3,600 SF
Lot Size0.53 Acres
Price / SF$880.56
Days on Market9

Property Features for 11520 Northup

General Information

Standard status Active
Size 3,600 SF
Lot size 0.53 Acres
Property subtype Commercial
Zoning GC

Additional Details

Clear Height 13 ft

Amenities

covered carport
secured front entry gate

Building Details

Year Built 1978
Buildings 1
Building Size 3,600 SF
Construction concrete
Tenancy Multi
Listing Agency: Westlake Associates,Inc.
Listed By: David W Petersen
Source: Skylineproperties
Added: Aug 9 Changed: Aug 17 Last Checked: Aug 17 at 8:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates,Inc.

Investment Insights

Based on property information with market context.

This 3,600 SF flex building sits on an approximately 22,890 SF flat lot at 11520 Northup in Bellevue. The property is occupied by two tenants and includes 13-foot ceilings, three roll-up doors, a dedicated vented paint room, two bathrooms, gas forced-air heat, and a concrete exterior. A covered carport, secured front gate, and 30+ parking spots add functional site improvements.

The property is zoned GC (General Commercial), with an Office FAR of 0.50 and a 10' rear setback with Geotech. Its Eastside location provides access to Medina, Clyde Hill, Houghton, and surrounding areas. The site’s existing configuration includes a basis for evaluating expansion, repositioning, or redevelopment, subject to verification of permitted uses, parking requirements, expansion feasibility, and environmental conditions.

Key Highlights

  • 3,600 SF building on an approximately 22,890 SF lot
  • Two existing tenants occupy the property
  • 13‑foot ceilings with 3 roll‑up doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Parts Store Auto Repair Shop Grocery & Convenience Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,116
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98004, WA

39,136
Population
20,977
Households
1.9
Avg Household Size
37
Median Age
76%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,361
Density / Sq Mi
$176,367
Median Household Income
$120,667
Median Earnings
$2,706
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Graze Craze Charcuterie Boards & Boxes 2632 Bellevue Way NE, Bellevue, WA 98004

Frequently Asked Questions

What type of property is this?
Flex space - Leased flex property with roll-up access, dedicated workroom, parking, and General Commercial zoning.
Where is this flex space located?
The property is located at 11520 Northup Bellevue, WA.
What is the asking price?
The asking price for this property is $3,170,000.
What are key features of this property?
This property features: 3,600 SF building on an approximately 22,890 SF lot; Two existing tenants occupy the property; 13‑foot ceilings with 3 roll‑up doors
More about this property
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