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    545 Rainier Blvd N Issaquah, WA 98027

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    For Sale
    $3,100,000

    Office building with potential for increased rents in Issaquah.

    Property size:
    9,117 SF

    Property Features for 545 Rainier Blvd N

    General Information

    Standard status
    Active
    Size
    9,117 SF

    Building Details

    Year built
    1982

    Source: KIDDER MATHEWS Agent AARON KRAFT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Issaquah Office Building For Sale

    This property presents a unique investment opportunity with the potential for significant rent increases. The majority of leases are structured on a month-to-month basis, while a limited number have remaining terms of less than one year. The existing rent structure allows for adjustments within the next 12 months. The property offers an excellent opportunity for a growing owner-user to occupy a selection of offices and expand their footprint as tenants vacate. The property is an office building with a total size of 9117 square feet and is located in Issaquah, Washington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Issaquah
    County
    King
    State
    Washington
    Longitude
    -122.0376597
    Latitude
    47.5355748

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    FAQs

    What type of property is this?
    Office building - Office building with potential for increased rents in Issaquah.
    Where is this office building located?
    The property is located at 545 Rainier Blvd N Issaquah, WA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Opportunity to significantly raise rents within 12 months.; - Most leases are month to month, providing immediate flexibility.; - Excellent opportunity for an owner/user to occupy and expand.
    Request Owner's contact information
    545 Rainier Blvd N Issaquah, WA 98027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    545 Rainier Blvd N Issaquah, WA 98027
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