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Multifamily/Townhome Development Site 3 Properties in Bellevue, WA

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INVESTMENT HIGHLIGHTS

  • Each site provides interim income while offering significant redevelopment potential.
  • 15-unit, two-story apartment building
  • 3,000 SF standalone retail location, currently leased to Voodoo Doughnuts under a 7-year lease.
  • 20-unit apartment building

EXECUTIVE SUMMARY

Situated on Main Street in the Bellevue CBD, the site is just two blocks from Downtown Bellevue Park and the renowned Bellevue and Lincoln Square shops and restaurants. The property is also conveniently located 0.5 miles from the Sound Transit Light Rail station, ensuring seamless connectivity across the region. This dynamic location offers the perfect blend of business, culture, and urban living. The parcels can also be combined with 119 107th Ave SE (Hillside off Main), which consists of 2 parcels currently for sale just across 107th Ave SE.

PROPERTY FACTS

Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 36,511 SF
Total Land Area 1.59 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Avalon Apartments
125 108th Ave SE, Bellevue, WA 98004
Multifamily 20,411 SF 1960 -
Glencourt Apartments
126 107th Ave, Bellevue, WA 98004
Multifamily 13,100 SF 1955 -
The Ventana Property on Main Street
10713 Main St, Bellevue, WA 98004
Retail 3,000 SF 1969 -
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  • Listing ID: 34928632

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: Multifamily/Townhome Development Site, Bellevue, WA

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