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    Anchored Retail and Fitness Buildings Title is generated by Realmo AI

    12650 Northup Way, Bellevue, WA 98005

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    For Sale
    $16,800,000

    Three anchored commercial buildings on a CG-zoned parcel with a development envelope for additional square footage.

    Type:Commercial
    Property size:
    37,432 SF
    Lot size:
    1.33 Acres
    Price / SF:
    $448/SF
    Added:
    Jun 24, 2026
    Days on Market:
    12
    Last Refresh:
    Jul 4 at 3:53 am

    Property Features for 12650 Northup Way

    General Information

    Standard status
    Active
    Size
    37,432 SF
    Lot size
    1.33 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1973

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    NANCY KLINCK
    NANCY KLINCK

    Listing office REALOGICS SOTHEBY'S INTERNATIONAL REALTY BELLEVUE

    Listing date Jun 24, 2026

    Source Corcoran

    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 REALOGICS SOTHEBY'S INTERNATIONAL REALTY BELLEVUE

    HighLights

    • Three commercial buildings totaling 37,432 SF on three parcels (58,100 SF / 1.33 acres) at 12718, 12708, and 12650 Northup Way, Bellevue, WA 98005.
    • Anchored by Ironworks Gym and Vetco Electronics, with additional tenant details available via a non‑disclosure agreement.
    • Zoned CG with a 1.1 FAR, providing an estimated development envelope of approx. 63,910 SF for potential new building.
    • Building/site breakdown: 12718 Northup Way has 11,286 SF on a 19,600 SF site; 12708 has 14,077 SF on an 18,600 SF site; 12650 has 12,069 SF on a 19,900 SF site.
    • Spring Arts district location with views and proximity to Downtown Bellevue.

    Overview

    This offering includes three sites totaling approximately 58,100 SF and three commercial buildings with combined building area of approximately 37,432 SF. The property is comprised of buildings at 12718 Northup Way (11,286 SF building and 19,600 SF site), 12708 Northup Way (14,077 SF building and 18,600 SF site), and 12650 Northup Way (12,069 SF building and 19,900 SF site). Ironworks Gym and Vetco Electronics are identified as anchor tenants. The tenant narrative and supporting income and expense information are available with a non-disclosure agreement, and the buildings were built and operated as a family business with partial family occupancy.

    The parcels are located in the Spring Arts district, with the remarks noting gorgeous views and proximity to Downtown Bellevue. Access details, frontage, and street improvements are not provided in the materials.

    From a buyer or tenant perspective, the property presents a multi-building setup with existing retail-oriented anchors and a zoning basis for redevelopment consideration. With CG zoning and a stated 1.1 FAR, the materials indicate potential capacity for approximately 63,910 SF of new building area. The owner describes the buildings as suitable for either new construction or rehabilitation, subject to the buyer’s plans and approvals.
    Location Intelligence

    Current Use by Public Records

    Office Construction Company Vikram Madan Artist EAC Studio Vocational School Servmark Inc Industrial Manufacturer

    Suggested Use

    Restaurant Pet Grooming Service Garden Center Bed & Breakfast Hotel & Motel Restaurant Catering Service Supermarket Clothing & Fashion Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Holistique IV Lounge — 1200 116th Ave NE Ste D, Bellevue, WA 98004
    • Eastside Strength & Conditioning — 12003 ne 12th st #70, bellevue, wa 98005
    • Human Function LLC — 11711 ne 12th st suite 2a, bellevue, wa 98005
    • Silachi — 9 Lake Bellevue Dr STE 217, Bellevue, WA 98005
    • Eastside Strength and Conditioning — 12003 NE 12th St #70, Bellevue, WA 98005

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1712865
    Latitude
    47.6289705

    FAQs

    What type of property is this?
    Fitness center & gym - Three anchored commercial buildings on a CG-zoned parcel with a development envelope for additional square footage.
    Where is this fitness center & gym located?
    The property is located at 12650 Northup Way Bellevue, WA.
    What is the asking price?
    The asking price for this property is $16,800,000.
    What are key features of this property?
    This property features: Three commercial buildings totaling 37,432 SF on three parcels (58,100 SF / 1.33 acres) at 12718, 12708, and 12650 Northup Way, Bellevue, WA 98005.; Anchored by Ironworks Gym and Vetco Electronics, with additional tenant details available via a non‑disclosure agreement.; Zoned CG with a 1.1 FAR, providing an estimated development envelope of approx. 63,910 SF for potential new building.
    More about this property
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