15700 NE Bel-Red Road, Bellevue, WA 98008
- $6,500,000
Courtesy of Westlake Associates, Inc.
- List Price
- $6,500,000
- Status
- ACTIVE
- Days on Market
- 98
- Price Change
- ▼ $1,000,000 1785287072
- MLS#
- 2511306
- Subtype
- Land
- Style
- 43 - Comm/Industrial
- Lot Size
- 24,477
- Acres
- 0.56
- Subdivision
- Overlake
- Neighborhood
- Overlake
- MLS Area Major
- Bellevue/East of 405
Property Description
15700 Bel-Red Road offers a rare chance to acquire a strategically located development site in Bellevue’s rapidly transforming Bel-Red Corridor—literally steps from Microsoft’s Overlake Campus. Approximately 24,477 square foot Flat Lot, recently upzoned to NMU (Neighborhood Mixed-Use), the property now supports mid-rise, mixed-use development up to 110 feet height limit, positioning it perfectly for a high-density multifamily project backed by exceptional demographics, robust job growth, and immediate access to major transit investments including the Overlake Light Rail Station. Existing improvements include a 6,291 SF medical/dental office building, providing an opportunity for an owner-user or interim income generation prior to redevelopment. Potential to build approximately 130 units (Buyer to Verify). First time on the market in over 30 Years.
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Additional Information
- Property Description
- 43 - Comm/Industrial
- School District
- Bellevue
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