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Redevelopment Office Building Site
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14450 29th Pl, Bellevue, WA 98007

A 56,349 SF office building sits on about 2.86 acres, zoned OLB for residential or mixed-use redevelopment.

Property Size56,349 SF
Lot Size2.86 Acres
Days on Market47

Property Features for 14450 29th Pl

General Information

Standard status Active
Size 56,349 SF
Lot size 2.86 Acres
Property subtype Commercial
Zoning OLB

Building Details

Year Built 1982
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: TROY GESSEL
Source: Corcoran
Added: Jul 9 Changed: Aug 23 Last Checked: Aug 23 at 11:44AM

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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

This offering presents an owner-user or redevelopment opportunity in Bellevue, WA. The property includes approximately 2.86 acres of land currently improved with a 56,349 SF office building.

The site is zoned OLB and is described as well-suited for residential or mixed-use redevelopment, with potential uses including townhomes and multifamily apartments.

Interested parties should review zoning and redevelopment requirements directly in connection with their intended plans for the site.

Key Highlights

  • Approximately 56,349 SF office building on about 2.86 acres in Bellevue, WA
  • Land is zoned OLB, supporting residential or mixed‑use redevelopment
  • Redevelopment potential mentioned for townhomes and multifamily apartments

Property Analytics

Current Use

Robert Bowers Physician Pacific Building Group Construction Company Robert Bowers, MD Physician Teal Group Technologies (Bike/Boat/Book/etc) Store Openworks: Commercial Cleaning ... Commercial Cleaning Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Butcher Florist Pet Grooming Service Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

2,188
Businesses Nearby

Demographics for 98007, WA

29,476
Population
12,403
Households
2.4
Avg Household Size
33
Median Age
69%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
6,855
Density / Sq Mi
$126,814
Median Household Income
$81,818
Median Earnings
$2,276
Median Rent
$934,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - A 56,349 SF office building sits on about 2.86 acres, zoned OLB for residential or mixed-use redevelopment.
Where is this office building located?
The property is located at 14450 29th Pl Bellevue, WA.
What are key features of this property?
This property features: Approximately 56,349 SF office building on about 2.86 acres in Bellevue, WA; Land is zoned OLB, supporting residential or mixed‑use redevelopment; Redevelopment potential mentioned for townhomes and multifamily apartments
More about this property
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