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Medical Office Condo Unit
New
For Sale
$1,600,000

1900 116th Ave NE Ste 200, Bellevue, WA 98004

Professionally improved medical space with BR-MO zoning and ample parking.

Property Size1,768 SF
Price / SF$904.98
Days on Market2

Property Features for 1900 116th Ave NE Ste 200

General Information

Standard status Active
Size 1,768 SF
Property subtype Office
Zoning BR-MO

Financials

Asking Price $1,600,000
HOA Fee $1,980

Additional Details

Office Units 1

Building Details

Year Built 1979
Year Renovated 2014
Listed By: Matt Le · License #WA #23019714
Source: Nai-psp
Added: Sep 16 Last Checked: Sep 16 at 2:12PM

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 Matt Le

Investment Insights

Based on property information with market context.

This medical office condominium provides 1,768 SF of professionally improved space at 1900 116th Ave NE, Suite 200. The unit is zoned BR-MO and was built in 1979, with major upgrades completed in 2014. Building improvements include a new roof, updated HVAC systems, and exterior work.

The property is positioned across from Overlake Hospital within a concentrated medical area serving Bellevue. Ample parking supports daily patient and staff access, while the condominium format offers a defined medical office setting within a larger professional building.

The combination of medical-oriented zoning, established construction, and substantial capital improvements creates a practical setting for continued medical or dental office use.

Key Highlights

  • 1,768 SF medical office condominium
  • BR‑MO zoning supports medical office use
  • Major upgrades completed in 2014

Property Analytics

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Current Use

Praveen Mambalam Physician Ramandeep S. Sidhu, ... Physician Dr. Stephanie Woo Alternative Medicine Practice Arlene Ritzen Pediatrician Pacific Vascular Physician

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store Bed & Breakfast Butcher

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

1
Office units

Location Intelligence

Trade Area within ½ mile

4,896
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professionally improved medical space with BR-MO zoning and ample parking.
Where is this medical office space located?
The property is located at 1900 116th Ave NE Ste 200 Bellevue, WA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1,768 SF medical office condominium; BR‑MO zoning supports medical office use; Major upgrades completed in 2014
More about this property
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