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1220 116th Ave NE
Bellevue, WA 98004
Loben Building · Office Property For Sale
Executive Summary
The Loben Building is located across from Overlake Hospital campus, which is along I-405 east of downtown Bellevue in the Wilburton rezone. This investment or owner-user opportunity is in the heart of the established healthcare district served by Children's Hospital, Virginia Mason, Kaiser Permanente, UW Medicine and hundreds of specialists and dental practitioners.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,253 SF
Building Class
B
Year Built
1980
Price
$10,745,280 CAD
Price Per SF
$1,048.01 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,127 SF
Building FAR
0.41
Lot Size
0.58 AC
Zoning
MU-H - MU-H (Mixed-Use High-Rise). High-intensity mixed-use district allowing housing, retail, service, and office uses at high scale and density.
Parking
38 Spaces (3.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 282505-9288 | Improvements Assessment | $2,101,942 CAD |
| Land Assessment | $5,006,474 CAD | Total Assessment | $7,108,416 CAD |
Property Taxes
Parcel Number
282505-9288
Land Assessment
$5,006,474 CAD
Improvements Assessment
$2,101,942 CAD
Total Assessment
$7,108,416 CAD
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