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JRJeff ReynoldsCompass · Seattle

11520 Northup Way, Bellevue, WA 98004

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Active

Listed by David W Petersen, Westlake Associates, Inc.

Active0 days on market

$3,170,000

11520 Northup Way, Bellevue, WA 98004

Bellevue, WA, 98004

Built
1978
Parking
30 spaces
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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Commercial Industrial
Type
1978
Year built
22,890 sq ft
Lot
0
Days on market

About this property

Rare Eastside investment/flex opportunity with strong income and upside potential. Approximately 3,600 SF building on an approximately 22,890 SF flat, usable lot currently leased to two tenants for immediate cash flow. Location with excellent access to Medina, Clyde Hill, Houghton, and the broader Eastside with limited competing commercial/flex inventory - many nearby sites converting to residential. BUILDING/SITE: 13ft ceilings, 3 roll-up doors, dedicated vented paint room, two bathrooms, gas force- air heat, concrete exterior, 30+ parking spots, large covered carport, secured front entry gate DEVELOPMENT /REPOSITIONING POTENTIAL: Zoned GC (General Commercial), the property supports a wide range of uses and offers strong potential for expansion, repositioning, or redevelopment. Buyers should independently verify zoning, permitted uses, expansion opportunities, parking standards, and environmental conditions. Office FAR: 0.50. Rear Setback 10’ with Geotech.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2567720
Listed
August 11, 2026
Days on market
0

Parking

Total spaces
30

Construction

Year built
1978
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Lot

Lot size
22,890 sq ft

Terms

Terms offered
CashConventional

Listing history

  1. Listed

    $3,170,000

    August 11, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$18,459

Principal & interest
$16,029
Property tax (est.)
$2,430

Assumes $634,000 down (20%), a $2,536,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 11, 2026 at 5:00 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.