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

    2330 130Th Ave Bellevue, WA 98005

    For Sale
    $7,100,000

    Prime Bellevue location, strong tenancy.

    Property size:
    17,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class B medical office building, located at 2330 130th Ave NE in Bellevue, Washington, presents a compelling investment or owner-user opportunity. The property, known as Northup North Building C, encompasses 17,018 square feet across two stories and boasts an impressive 86% occupancy rate. Priced at $7,100,000, this translates to a price per square foot of $417.21. The building operates under a gross lease structure with multiple tenants. A significant portion of the building's tenancy is secured by a recently signed long-term lease extension, providing excellent stability and predictable income. Situated in King County, Washington, with a 98005 zip code, this property benefits from its prime Bellevue location and strong market demand for medical office space. The building's classification as a medical office building caters to a specific and growing sector of the real estate market. This presents a rare opportunity to acquire a well-maintained, high-occupancy medical office building in a desirable location with a strong tenant base. The property's financial performance is further enhanced by the long-term lease extension, minimizing vacancy risk and ensuring consistent cash flow. This is an ideal investment for those seeking a stable and appreciating asset in the thriving Bellevue market.

    Property Features for 2330 130Th Ave

    General Information

    Property type
    Medical offices
    Square Feet
    17,018 SF
    Class
    B

    Building Details

    Stories
    2

    HighLights

    • Class B medical office building, 17,018 square feet, Bellevue, WA.
    • 86% occupancy, priced at $7,100,000 ($417.21/SF).
    • Gross lease structure with multiple tenants, including a recently extended long‑term lease.
    • Prime Bellevue location (98005 zip code), strong market demand for medical office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Kyle J. ... Dermatologist John Stuart Walsh Dermatologist Dr. Michi M. ... Internist Dan Lantz, M.D. Dermatologist Dr. John S. ... Dermatologist

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    King
    State
    Washington
    Longitude
    -122.1657077
    Latitude
    47.6312666

    Nearby Similar for Sale

    • Contact for pricing
      12 SF

      Bellevue Medical Office Investment Opportunity

      Fully leased medical office building in prime Bellevue location.
      11711 NE 12Th St, Bellevue, WA 98005
      View Details
    • $4,100,000
      9,240 SF

      Issaquah Retail/Office Building For Sale

      Retail/office building in Issaquah's Olde Town retail district.
      170 Front St N, Bellevue, WA 98027
      View Details
    • $1,600,000
      2,521 SF

      Medical Condo Near Overlake Hospital

      2,521 SF medical condo in Bellevue's medical corridor.
      1900 116Th Ave NE, Bellevue, WA 98004
      View Details
    • $640,000

      Downtown Bellevue Turnkey Restaurant Opportunity

      Turnkey restaurant in downtown Bellevue with full bar and patio.
      Bellevue, WA 98004
      View Details
    • Contact for pricing
      7,854 SF

      Bellevue Office Space Available Now

      Office suites available in Bellevue with flexible lease terms.
      1402 140Th Pl NE, Bellevue, WA 98007
      View Details
    • $2,740,000

      Multi-Tenant Commercial Asset For Sale

      Fully leased commercial property in Bellevue's Factoria neighborhood.
      4317 Factoria Blvd SE, Bellevue, WA 98006
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Bellevue location, strong tenancy.
    Where is this medical office located?
    The property is located at 2330 130Th Ave Bellevue, WA.
    What is the asking price?
    The asking price for this property is $7,100,000.
    What are key features of this property?
    This property features: Class B medical office building, 17,018 square feet, Bellevue, WA.; 86% occupancy, priced at $7,100,000 ($417.21/SF).; Gross lease structure with multiple tenants, including a recently extended long-term lease.
    Request Owner's contact information
    2330 130Th Ave Bellevue, WA 98005
    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.
    2330 130Th Ave
    Bellevue, WA 98005
    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
    2330 130Th Ave Bellevue, WA 98005
    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.