Property summary
This exceptional two-story office building, located at 123 105th Ave SE in Bellevue, WA 98004, presents a unique investment opportunity. Boasting 6,490 square feet of well-designed space, the building, constructed in 1988 and renovated in 2010, features a highly efficient layout perfect for a variety of businesses. The interior includes a blend of private offices and spacious meeting rooms, complemented by two convenient break areas and abundant natural light from large windows. The property sits on a 13,686 square foot lot and is zoned PO. Parking is readily available, encompassing both surface and garage options. Its prime downtown Bellevue location offers unparalleled convenience, situated just off Main Street and Bellevue Way, providing easy access to a wealth of amenities. Furthermore, its strategic location ensures excellent freeway access to both I-405 and I-90, making commuting a breeze for employees and clients alike. This standalone building represents a rare opportunity to acquire a highly desirable, well-maintained office property in the heart of Bellevue's thriving business district. The asking price for this exceptional property is $4,990,000. This is a must-see for discerning investors seeking a strong return on investment in a premier location.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Charitable Organization Social Service Agency
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Business To Business Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Professional Office Districts provide areas for low-intensity office uses. Structures shall have exterior designs which are compatible with surrounding developments, vegetation and topography. The Professional Office Dis…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PO · Bellevue, WAProfessional Office Districts provide areas for low-intensity office uses. Structures shall have exterior designs which are compatible with surrounding developments, vegetation and topography. The Professional Office Dis…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Professional Office Districts provide areas for low-intensity office uses. Structures shall have exterior designs which are compatible with surrounding developments, vegetation and topography. The Professional Office Dis…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PO in Bellevue, WA.
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Find the owner behind the property.
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