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    7633-7679 SE 27Th St Mercer Island, WA 98040

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    For Lease
    $37 SF/Yr ($1,788 /Mo)

    Retail space in open-air center, Downtown Mercer Island.

    Property size:
    580 SF
    Lot size:
    1.01 Acres

    Property Features for 7633-7679 SE 27Th St

    General Information

    Size
    580 SF
    Lot size
    1.01 Acres

    Source: Kidder Mathews Agent Monica Wallace

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

    Overview

    Mercer Island Retail Space Available

    This retail space is available for rent within an open-air center located in the heart of Downtown Mercer Island. The property has a size of 580 square feet. The location offers easy access from freeways and a future light rail station. Current tenants include UPS Store, Subway, and WaFd Bank, among other neighborhood businesses. The surrounding area features outstanding demographics.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mercer Island
    County
    King
    State
    Washington
    Longitude
    -122.2360235
    Latitude
    47.586606

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    FAQs

    What type of property is this?
    Retail space - Retail space in open-air center, Downtown Mercer Island.
    Where is this retail space located?
    The property is located at 7633-7679 SE 27Th St Mercer Island, WA.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: - Rare retail space in the heart of Downtown Mercer Island.; - Located in an open-air center with established tenants like UPS Store, Subway, and WaFd Bank.; - Outstanding demographics.
    (425) 450-1104
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    7633-7679 SE 27Th St Mercer Island, WA 98040
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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
    7633-7679 SE 27Th St Mercer Island, WA 98040
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