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107th / 108th & Main & Hillside Off Main
Asset ClassLand
overview of deal

Overview

107th/108th & Main is a prime three-parcel development site located in the heart of the Downtown Bellevue. Situated on Main Street, 107th and 108th in the Bellevue CBD, the sites are just a couple blocks from Downtown Bellevue Park, nationally renowned shops and restaurants, and a block from Vulcan’s new Amazon Towers, and four blocks from Vulcan’s new Amazon 41-story tower.

 

Hillside Off Main is a prime two-parcel development site in the heart of Downtown Bellevue. This rare opportunity features two contiguous parcels and the ability to assemble with current 107/108th & Main Street listing offering investors flexible acquisition strategies and multiple high-value development pathways in one of the nation’s most dynamic urban markets.

 

This dynamic location is surrounded by high-end amenities, employment centers, and transit offering the perfect blend of business, culture, and urban living.

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Investment Highlights

126 107th Ave SE | R-30 ZONING

Glencourt Apartments is a 20-Unit, 2-story apartment building with average unit size of 655 SF. There are 17 surface parking stalls and 4 carports (1.15/unit).

 

125 108th Ave SE | R-30 ZONING

Avalon Apartments is a 15-Unit, 2-story apartment building with average unit size of 926 SF. There are 14 attached carports (1.6/unit) utilized for parking along with 6 surface parking stalls.

 

10713 Main St | DT-MU ZONING / perimeter overlay A-2

This is a freestanding 3,000 SF retail building with a 7-year lease in place with Voodoo Doughnut, LLC, signed in December 2024. The lease has four 3-year renewal options with 1 year notice. Landlord has the right to terminate after initial term with a 9-month advance notice.

 

Hillside Off Main | R-30 ZONING

Hillside Apartments is an 8-unit, 2-story apartment building with average unit size of 655 SF. The existing building is 6,036 GSF on a 15,300 SF parcel with an adjacent land parcel is 7,800 SF for a total 23,100 SF.

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107th-108th & MainBellevue, WA 98004

INVESTMENT TEAM

ADRIENNE HUNTERSenior Vice President206-387-5426ahunter@lee-associates.com

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Listing provided by Revere CRE