This 1,848 SF commercial condominium located within Bellevue Office Park presents a compelling investment or owner-user opportunity. Unit A is available for lease or owner-occupancy, while Unit B is currently leased to a stable dental office, providing immediate in-place income with future upside. Priced at $549,000, Unit A offers projected… Read More lease rates of $25.00/SF/YR NNN, creating instant NOI growth upon stabilization and resulting in a 6.85% stabilized cap rate. The property benefits from low-maintenance ownership, with HOA coverage including water, trash, and exterior maintenance. Capital improvements include a new roof replaced by the HOA in 2025 and a new HVAC system installed by the owner in 2025. This asset is ideal for owner-users seeking supplemental income or investors targeting a stable, well-maintained commercial condominium with strong fundamentals. Read Less
Courtesy of Compass RE, Tanner Smith, 7316936576.
Listing Snapshot
Days Online
169
Last Updated
Property Type
Office
Square Ft.
1,848
Lot Size
0.02 Acres
Year Built
1983
MLS Number
3122497
Additional Details
Building
Built in 1983
Lot
0.02 acres
Taxes
Parcel Number: 142040B00900CO, Zoning: OR20
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