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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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1551 116th Ave NE , Bellevue, WA 98004
$7,750,000
Est. Payment: $39,650.10/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 0
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Ardivus Brivity
Sooper Dooper Guy

House Description

Rare opportunity to acquire a fully occupied medical/dental property with a proven history of long-term tenancy and stable income. This well-established medical/dental building features a diversified tenant mix of healthcare and wellness users, including a skin surgery practice with over 23 years of occupancy, a dental office with over 15 years occupancy, and a chiropractic practice with over 4 years occupancy at the property. A spa tenant has also joined the property in 2025, providing additional diversification. The property's strong tenant retention and 100% occupancy provide an attractive investment profile for an investor seeking stable medical-office income. Investment Highlights: o 100% occupied Medical/Dental building o $308,617 current NOI o 4.0% capitalization rate o Skin surgery center — 23+ years o Dental office — 15+ years o Chiropractic practice — 4+ years o Spa — 1+ years o Diversified medical and wellness tenant mix o Established tenant history with demonstrated longevity o Financials available upon request with a signed NDA

Highlights

Listed by Farid Mohajerjasbi , 425-736-3259 Dynasty Realty, Inc. , 425-736-3259. Northwest Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
1

Year Built

1974

County

King

Area

530 - Bellevue/East of 405

Neighborhood

Downtown Bellevue

Listing ID

2576946

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Forced Air,Heat Pump
Fireplaces:
Water:Bellevue

Exterior Features

Lot:Zoning: Commercial,Office
Garage Capacity:0
Zoning:Commercial,Office
Roof:Composition
Others:
  • Additional:Wood, Good
Sewer:Bellevue
Principal Interest
$39,650
Taxes
$4,941

Home Price

$7,750,000

Loan Details

30 yrs
6.613%

Down Payment

20%
$1,550,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$39,650.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $39,650.10 $4,940.63 $0.00 $44,590.72
Yearly $475,801.18 $59,287.50 $0.00 $535,088.68
Total $14,274,035.32 $1,778,625.00 $0.00 $16,052,660.32
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Bellevue, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-09-02T10:27:12.000Z

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