1 Lake Bellevue Dr Bellevue, WA 98005
This exceptional Class B office condo, located at 1 Lake Bellevue Dr, Bellevue, WA 98005, presents a unique owner-user opportunity. The property, built and renovated in 2005, boasts a total of 18,734 square feet across one two-story building, encompassing 110 units. The net rentable area of this specific condo is 1,211 square feet, offered at $1,200,000. The property is zoned K and features convenient access to major transportation arteries, including I-405, I-90, and SR-520. Its prime location offers the added benefit of proximity to a light rail station, fostering easy commutes. Furthermore, the property enjoys the advantage of being within walking distance of various restaurants, retail amenities, and the Overlake Hospital/Kaiser Permanente Medical Campus. The low operating cost of $4.0 per square foot annually is an attractive feature. This presents a compelling investment opportunity in a thriving Bellevue location. The APN is 638998-0000.
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Xiapin Song, Lac Medical Clinic Alternative Medicine Practice
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Lake Bellevue Dental Care, Inc. Dental Office
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Adisys Corporation (Bike/Boat/Book/etc) Store Corporate Office
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Christina Agustin MD Physician
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Dr. Stanley F. Abramski, MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.