12650-12718 Northup Way Bellevue, WA 98005
For Sale
3 sites/parcels 58,100 SF and 3 commercial buildings, Approx. 3 buildings 55,674 SF total. 12718,12708 and 12650 Northup Way, Bellevue, WA, 98005.Ironworks Gym and Vetco Electronics are the Anchor Tenants.12718 Northup Way, consists of 11,286 SF building, 19,600 SF site, 12708 Northup Way 14,077 SF building, 18,600 SF site, 12650 Northup Way, 12,069 SF building, 19,900 SF site. Total land/site size approx. 58,100 SF or 1.33 acres, Building combined 37,432 SF. Zoning CG with a 1.1 FAR or approx. 63,910 SF for a potential new building. The Tenant Narrative and income and expense available with a non disclosure agreement, These buildings were built and operated as a Family business, and partially occupied by the family. Either new construction or rehab of the buildings have excellent potential. LOCATION, LOCATION, LOCATION. Gorgeous views and proximity to Downtown Bellevue. Located in the Spring Arts district.Please view with discretion,
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
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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.