Contact Us

Mercer Building

MLS #:1025377
1240 116th Avenue Ne
Bellevue, WA 98004 United States
Class: B
Year Built: 1980
Lot Size: 21404
Type: Office
Parking Spaces: 33
Building Sq Ft: 15,480
Available Sq Ft: 15,480
Total Stories: 2
Current Occupancy: Occupied
Complex/Area: Mercer

Presented By:

Share this Listing:

Property Details

Description:

Great owner/user or investment opportunity. Fully leased Medical/Professional office located on 116th Ave NE in Downtown Bellevue. Ample parking. The Mercer Building is located in the heart of Bellevue’s vibrant medical district, near Children’s Hospital, Overlake Hospital, Group Health. Easy access to I-405 and SR-520.
Current Use:Office Building
Building Type: Office Building
Expenses: 92663
Cap Rate: 3.10>
Vacancy: 3
Annual Income: 219866 (gross)

Features

Property Features:

  • Alley Access
  • Ground Level Door
  • Public Sewer
  • Restrooms - Handicapped
  • Restrooms - Public
  • Fire Alarms
  • Elevator
  • Forced Air
  • Security System Leased

Lot Features:

  • Downtown
  • Medical Center
  • Curbs-Walks
  • Assigned Parking
  • Gated Parking
  • Open Parking
  • Public Parking

Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in. All information is deemed reliable but its accuracy is not guaranteed and the viewer should independently verify all information.