Loben Building

1220 116th Ave NE
Bellevue, WA 98004

Asking Price: $7,800,000

The Loben Building contains five suites, four suites of which are leased to medical providers. The remaining 2,313 SF suite on the second floor offers a rare owner-user opportunity, or potential lease-up for investors.

Bellevue’s prominent healthcare corridor is entering a new chapter. In 2025, the Wilburton rezone opened 116th Avenue to high-rise development under MU-H (Mixed-Use High-Rise) zoning, with thousands of residential units in the permit pipeline and light rail service at the Wilburton Station. The Loben Building delivers stable medical income today with high-rise development upside in the future.

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