Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    301 116Th Ave Bellevue, WA 98004

    Sponsored
    For Lease
    $34 SF/Yr

    Prime Bellevue office space, ample parking.

    Lot size:
    22,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This well-maintained, five-story concrete and steel office building offers a variety of spaces suitable for traditional office, executive suites, coworking, or medical practices. Located in Bellevue, Washington, at 301 116th Ave SE, 98004, this property boasts exceptional access to major transportation arteries, including the I-405 and I-90 freeways. The building features an on-grade parking garage providing generous parking capacity—over four spaces per 1000 square feet—ensuring convenient parking for tenants and visitors. The building is privately owned, reflecting a commitment to long-term property management and ongoing reinvestment in building improvements and maintenance. Multiple tenancy options are available, catering to diverse business needs and sizes. The building's location in King County provides easy access to a thriving business community and a rich array of amenities. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a desirable area of Bellevue. The building's robust construction and ample parking make it an attractive option for a variety of commercial uses.

    Property Features for 301 116Th Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,287 SF

    Unit(s) available at that property

    Space
    Suite 103
    Size
    2,263 SF
    Rate per SF
    $34
    Space
    Suite 400
    Size
    13,912 SF
    Rate per SF
    $34
    Space
    Suite 501
    Size
    6,112 SF
    Rate per SF
    $34

    HighLights

    • Former Bellevue City Hall.
    • Recent building upgrades include HVAC, roof, elevators, and lobby.
    • Convenient freeway access via I‑405 and I‑90.
    • Nearby amenities include Trader Joe's, Chipotle, Target, and other restaurants.
    • Mixed‑use building with office and medical tenants, including a large dental practice and ambulatory surgical center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jennifer Heise - Financial ... Investment Service Bellevue City Leavitt ... City Government Office Karin Harmer Mortgage Lender Janelle Steinberg - American ... Mortgage Lender Kevin Brown Dentist

    Suggested Use

    Restaurant Building Supply Dental Office Realty agency Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1863073
    Latitude
    47.6075999

    Nearby Similar for Lease

    • $65 SF/Yr
      1,214 SF

      Retail Space in Bellevue CBD

      Prime retail location near Bellevue Square and Lincoln Square South.
      10410 NE 2Nd St, Bellevue, WA 98004
      View Details
    • $26 SF/Yr
      1,625 SF

      Bellevue Retail Space Available

      Retail spaces near future Tesla Supercharger Station and Light Rail.
      12031 Northup Way, Bellevue, WA 98005
      View Details
    • $25 SF/Yr
      2,538 SF

      Bellevue Office Space Available

      Professional office space in a prime Bellevue location for rent.
      12320 NE 8Th St, Bellevue, WA 98005
      View Details
    • Contact for pricing
      28,719 SF

      Downtown Bellevue Church Building

      Unique church building in Downtown Bellevue, ideal for religious organizations.
      752 108Th Ave NE, Bellevue, WA 98004
      View Details
    • Contact for pricing
      5,596 SF

      Prime Retail Space in Bellevue

      Excellent location in Overlake neighborhood near major employers.
      14339 NE 20Th St, Bellevue, WA 98007
      View Details
    • $26 SF/Yr
      1,621 SF

      Bellevue Retail Space For Rent

      Retail space available near future light rail station and Meta.
      12121 Northup Way, Bellevue, WA 98005
      View Details
    • Contact for pricing

      Class A Medical Office Space

      Medical office space in Overlake Medical Pavilion, Bellevue.
      1231 116Th Ave Northeast, Bellevue, WA 98004
      View Details
    • $4,200 /Mo
      934 SF

      Modern Corner Unit with Deck

      Modern apartment with high-end finishes, wrap-around deck, and parking.
      10000 Main St, Bellevue, WA 98004
      View Details
    • $25 SF/Yr
      1,103 SF

      Adaptable Flex Space in Bellevue

      Professionally managed flex commercial property in Bellevue's BelRed corridor.
      1809-1813 130Th Ave NE, Bellevue, WA 98005
      View Details
    • $64 SF/Yr
      3,052 SF

      Turn-Key Deli Catering Opportunity

      Restaurant space with equipment near Bellevue Transit Center and offices.
      500 108Th Ave NE, Bellevue, WA 98004
      View Details
    • Contact for pricing
      7,700 SF

      Bellevue Warehouse and Office Space

      7,700 SF warehouse and office space available for lease.
      2750 160Th Ave SE, Bellevue, WA 98008
      View Details
    • $3,800 /Mo
      1,501 SF

      Refined Living with Forest Views

      Meticulously designed home with forest and lake views for rent.
      4127 248Th Ct SE, Bellevue, WA 98029
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Bellevue office space, ample parking.
    Where is this medical office located?
    The property is located at 301 116Th Ave Bellevue, WA.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Former Bellevue City Hall.; Recent building upgrades include HVAC, roof, elevators, and lobby.; Convenient freeway access via I-405 and I-90.
    Request Owner's contact information
    301 116Th Ave Bellevue, WA 98004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 116Th Ave
    Bellevue, WA 98004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 116Th Ave Bellevue, WA 98004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.