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Kirkland Office Building For Sale
For Sale
$2,500,000
Pending

8003 118th Ave NE, Kirkland, WA 98033

Two-story office building in excellent condition with parking.

Property Size3,000 SF
Days on Market591

Property Features for 8003 118th Ave NE

General Information

Standard status Pending
Size 3,000 SF
Property subtype Commercial

Building Details

Year Built 1965
Listing Agency: JOHN L. SCOTT - BELLEVUE-ISSAQUAH
Listed By: FRED MATTISON · License #6084
Source: Corcoran
Added: Mar 5, 2025 Changed: Oct 6 Last Checked: Oct 16 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN L. SCOTT - BELLEVUE-ISSAQUAH

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Investment Insights

Based on property information with market context.

This is a two-story office building with an open layout and perimeter offices. The building has 3,000 square feet of space and is situated on an 8,354 square foot parcel. The property is zoned NMU. The building is in excellent condition. Each floor has its own lobby entrance, allowing it to be occupied by two tenants. There are bathrooms on both levels and a kitchen on the upper level. The property includes 10 parking spaces. An adjoining parcel with a professional office is also available, with plans for a new building being reviewed by the City of Kirkland. This property is suitable for owner-occupancy.

Key Highlights

  • Owner‑occupied office building in excellent condition.
  • NMU zoning allows for flexible usage.
  • Potential for two tenants with separate entrances on each floor.

Property Analytics

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Current Use

Nash & Associates Architects Architect

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Discount Store Bakery Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

937
Businesses Nearby

Demographics for 98033, WA

41,763
Population
18,211
Households
2.3
Avg Household Size
39
Median Age
73%
College-Educated
98%
High-School Grad
9.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$174,005
Median Household Income
$97,472
Median Earnings
$2,386
Median Rent
$1,259,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-story office building in excellent condition with parking.
Where is this office building located?
The property is located at 8003 118th Ave NE Kirkland, WA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Owner‑occupied office building in excellent condition.; NMU zoning allows for flexible usage.; Potential for two tenants with separate entrances on each floor.
More about this property
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