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    Bellevue, WA Sports & Entertainment Properties for Sale

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    Multi-Building Retail & Fitness Portfolio
    Updated: Jun 22
    Multi-Building Retail & Fitness Portfolio

    12650-12718 Northup Way, Bellevue, WA 98005

    $16,800,000
    37,432 sqft 1.33 AC lot
    Three commercial parcels totaling approx. 58,100 SF (1.33 acres) at 12718, 12708, and 12650 Northup Way in Bellevue, WA 98005.
    Three commercial buildings totaling 37,432 SF, with parcel/building sizes: 12718 (11,286 SF; 19,600 SF site), 12708 (14,077 SF; 18,600 SF site), 12650 (12,069 SF; 19,900 SF site).
    Anchor tenants include Ironworks Gym and Vetco Electronics.
    Zoning CG with a 1.1 FAR (approx. 63,910 SF potential for a new building).
    Spring Arts district location with proximity to Downtown Bellevue and “gorgeous views.”
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    This listing looks promising.

    Here's a quick look at some key insights for

    12650-12718 Northup Way, Bellevue, WA 98005

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $661K
      Annual

    • Price @ 7% Cap

      $9.45M
      Suggested
    View Property Analytics
    Anchored Retail and Fitness Buildings
    Updated: Jun 24
    Anchored Retail and Fitness Buildings

    12650 Northup Way, Bellevue, WA 98005

    $16,800,000
    37,432 sqft 1.33 AC lot
    Three commercial buildings totaling 37,432 SF on three parcels (58,100 SF / 1.33 acres) at 12718, 12708, and 12650 Northup Way, Bellevue, WA 98005.
    Anchored by Ironworks Gym and Vetco Electronics, with additional tenant details available via a non‑disclosure agreement.
    Zoned CG with a 1.1 FAR, providing an estimated development envelope of approx. 63,910 SF for potential new building.
    Building/site breakdown: 12718 Northup Way has 11,286 SF on a 19,600 SF site; 12708 has 14,077 SF on an 18,600 SF site; 12650 has 12,069 SF on a 19,900 SF site.
    Spring Arts district location with views and proximity to Downtown Bellevue.
    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Bellevue, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    White Center Redevelopment Opportunity
    White Center Redevelopment Opportunity

    9625 16th Avenue SW, Seattle, WA 98106

    $2,500,000
    17,380 sqft 0.17 AC lot

    17,380 SF vacant building in White Center.

    View details
    Nightclub With Built-In Sound System
    Nightclub With Built-In Sound System

    123 Broadway, Seattle, WA 98122

    $780,000

    Built-out nightlife venue with a fully equipped commercial bar and sound and lighting infrastructure.

    View details
    Planet Fitness in Westgate South
    Planet Fitness in Westgate South

    2217 N Pearl St, Tacoma, WA 98406

    Contact for pricing
    22,336 sqft 1.90 AC lot

    22,336 SF single tenant Planet Fitness in Tacoma, Washington.

    View details
    Single-Tenant Fitness Center
    Single-Tenant Fitness Center

    2217 N Pearl St, Tacoma, WA 98406

    Contact for pricing
    22,336 sqft

    22,336 SF Planet Fitness is fully leased and located in the Westgate South Shopping Center in Tacoma.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    60 Acre Golf Course Property
    60 Acre Golf Course Property

    25230 S WALLENS Rd, Estacada, OR 97023

    $1,250,000
    60.00 AC lot

    60-acre golf course with equipment, residence, water rights, ponds.

    View details
    Land in Salishan Community
    Land in Salishan Community

    9 Big Tree Road, Gleneden Beach, OR 97388

    $62,500
    0.24 AC lot

    0.24 acre lot in gated Salishan community.

    View details
    Residential Golf Course Lot
    Residential Golf Course Lot

    1612 PALMER LP, Chewelah, WA 99109

    $76,500
    0.33 AC lot

    Residential lot at the edge of golf course-owned greenspace with utilities at the lot line and seclusion on one side.

    View details
    Residential Building Lot with Views
    Residential Building Lot with Views

    1622 PALMER Loop, Chewelah, WA 99109

    $89,900
    0.33 AC lot

    Residentially zoned lot offers elevated mountain and valley views in Chewelah.

    View details

    Off-Market Properties in Bellevue, WA

    Consider similar Off-Market properties in Bellevue, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3505 Factoria SE Blvd
    THEATER (MOVIE)

    3505 Factoria SE Blvd, Bellevue, WA 98006-6127

    $1,215,000
    Estimated value
    44,438 sqft 1.43 AC lot
    View details
    160th SE Ave
    STADIUM

    160th SE Ave, Bellevue, WA 98008

    Value Estimation by Request
    4.50 AC lot
    View details
    15500 6th Penny Ln
    GOLF COURSE

    15500 6th Penny Ln, Bellevue, WA 98006-3086

    Value Estimation by Request
    67.72 AC lot
    View details
    16661 Northup Way
    AUDITORIUM

    16661 Northup Way, Bellevue, WA 98008-3045

    Value Estimation by Request
    5,720 sqft 4.15 AC lot
    View details
    13440 Main St
    COUNTRY CLUB

    13440 Main St, Bellevue, WA 98005-3730

    $935,000
    Estimated value
    26,558 sqft 133.84 AC lot
    View details
    17700 Lk Sammamish SE Pkwy
    AUDITORIUM

    17700 Lk Sammamish SE Pkwy, Bellevue, WA 98008

    Value Estimation by Request
    6,312 sqft 1.66 AC lot
    View details
    11200 6th St
    STADIUM

    11200 6th St, Bellevue, WA 98004-6403

    $700,000
    Estimated value
    231,745 sqft 9.07 AC lot
    View details
    15810 24th St
    STADIUM

    15810 24th St, Bellevue, WA 98008-5404

    Value Estimation by Request
    1.18 AC lot
    View details
    5500 140th NE Ave
    GOLF COURSE

    5500 140th NE Ave, Bellevue, WA 98005-1054

    Value Estimation by Request
    4.81 AC lot
    View details
    2003 102nd SE Ave
    STADIUM

    2003 102nd SE Ave, Bellevue, WA 98004-7035

    Value Estimation by Request
    0.09 AC lot
    View details
    15200 Lk Hls Blvd
    STADIUM

    15200 Lk Hls Blvd, Bellevue, WA 98007-5926

    Value Estimation by Request
    6.48 AC lot
    View details

    Bellevue, WA Sports & Entertainment Properties Market Trends and Statistics

    Explore 13 sports & entertainment properties for sale in Bellevue, WA on our real estate platform. These investment opportunities span a total of 74,864 square feet of properties for sale, with an estimated market value of $33,600,000.

    Sale prices for sports & entertainment properties in Bellevue, WA average $16,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Fitness centers & gyms 6

    Demographics Overview

    Population 156K
    Population Growth (5Y) +7.1%
    Median Household Income $170,606
    College Educated 75.7%

    Taxes & Financing

    Tax Rate (average for all types) 0.71%
    Property Tax per SF $4.38 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Bellevue fall within the 25,000 to 50,000 square foot range.

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