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Investment Highlights

  • MUR-H ZONING UPSIDE
  • TRANSIT-ORIENTED BELLEVUE LOCATION
  • AFFLUENT DEMOGRAPHICS
  • IN-PLACE INCOME WITH FLEXIBLE SITE CONTROL
  • SURROUNDED BY MAJOR EMPLOYMENT DRIVERS
  • CONTINUED DEMAND FOR HOUSING EXPANSION

Executive Summary

Radiance Tower is a fully occupied Bellevue office property that offers investors a rare combination of in-place income and immediate redevelopment upside. The site has recently been redesignated to Mixed-Use Residential Highrise (MUR-H) through Bellevue’s HOMA framework, materially shifting its highest and best use from legacy office to high-density residential or mixed use development. Existing leases include redevelopment clauses, allowing a developer to acquire the asset free and clear of encumbrances.
Located near the Spring District and the Sound Transit East Link Extension, Radiance Tower is well positioned within Bellevue’s innovation corridor and benefits from convenient access to major regional employment centers. With proximity to employers including Microsoft, Meta, and Amazon, the property presents a compelling redevelopment opportunity in one of the Eastside’s most desirable transit-oriented growth locations.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
8,805 SF
Building Class
C
Year Built
1973
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,403 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
0.65 AC
Zoning
BR-RC-1 - Current: BR-RC-1 (BelRed – Residential/Commercial – 1) Redesignation to Mixed-Use Residential Highrise (MUR-H)
Parking
39 Spaces

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • -
  • -
  • -
  • -

Novus Dental Laboratory Inc, founded in 2015 in Bellevue, Washington, specializes in high-quality dental prosthetics and restorative solutions. The company partners with dental professionals to fabricate precision crowns, bridges, dentures, and implant restorations, leveraging advanced technology and meticulous craftsmanship to ensure optimal patient outcomes. As a privately held, specialized dental lab, Novus focuses on combining artistry with digital dentistry innovations, offering tailored solutions that meet the unique requirements of each dental practice they serve. With personalized customer service and a reputation for quality, Novus Dental Laboratory serves as a trusted partner in restorative dentistry, contributing to better smiles and improved oral health across the region. Operating from its Bellevue location for over a decade, Novus continues to evolve alongside advancements in dental technology.

  • Y & B Dental Labs
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • Oct 2020

Y & B Dental Lab, Inc. began in Washington in 2011 as a regular profit corporation and is registered in Bellevue. The business is identified as a dental laboratory, a field that supports licensed dentists by manufacturing and customizing oral health products such as crowns, bridges, dentures, and other restorations. Based on public business records, the company has remained active in Washington and has operated within the dental services vertical rather than as a general medical practice. Its market presence appears centered on laboratory work for dental professionals, which places the company in the broader oral health supply chain.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing - - - -
Y & B Dental Labs Health Care and Social Assistance - - Triple Net Oct 2020
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
282505-9228
Land Assessment
$6,812,146 CAD
Improvements Assessment
$1,379 CAD
Total Assessment
$6,813,525 CAD
  • Listing ID: 40133838

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 1801 130th Ave NE, Bellevue, WA 98005

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