Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16595-16564 Redmond Way Redmond, WA 98052

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier retail spaces in Downtown Redmond, near upcoming light rail.

    Property size:
    3,417 SF
    Lot size:
    3.48 Acres

    Property Features for 16595-16564 Redmond Way

    General Information

    Size
    3,417 SF
    Lot size
    3.48 Acres

    Source: Kidder Mathews Agent Monica Wallace

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

    Overview

    Downtown Redmond Retail Space Available

    Located in the heart of Downtown Redmond's retail and dining district, these retail spaces offer a prime location with multiple small shop opportunities. The property is situated directly across from the new Downtown Redmond Light Rail Station, scheduled to open in May 2025. The location is in a high-density area with approximately 6,700 existing and 2,750 planned multi-family units within walking distance, along with 15,000 employees within a 1-mile radius. The available spaces, totaling 29,000 square feet of "Main on Main" retail, are ready for tenant improvements. Current tenants include Mendocino Farms, Momiji, Due Cucina, Dave's Hot Chicken, bStrong, Sip Thai, and HeyTea. Suites shown on the site plan can be easily combined. The property size is 3,417 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redmond
    County
    King
    State
    Washington
    Longitude
    -122.11804
    Latitude
    47.672505

    Nearby Similar for Lease

    • Contact for pricing
      164,000 SF

      Redmond Technology Park Multi-Building Complex

      Established Redmond technology park with five buildings and recent upgrades.
      8700-8801 NE 87Th St, Redmond, WA 98052
      View Details
    • Contact for pricing
      22,625 SF

      Redmond Office Space with Amenities

      Office space in Redmond with on-site tenant amenity center.
      8271 154Th Ave NE, Redmond, WA 98052
      View Details
    • Contact for pricing
      32,412 SF

      Redmond Flex/Industrial/Office Space For Rent

      Flex, industrial, and office spaces available near downtown Redmond.
      8210 154Th Ave NE, Redmond, WA 98052
      View Details
    • Contact for pricing
      1,019 SF

      Downtown Redmond Commercial Space For Rent

      Premier commercial space in the heart of Downtown Redmond.
      16615 Redmond Way NE, Redmond, WA 98052
      View Details
    • $24 SF/Yr
      6,958 SF

      Redmond First Floor Office Space

      First floor office space available for lease in Redmond.
      15400 NE 90Th St, Redmond, WA 98052
      View Details
    • Contact for pricing
      3,354 SF

      Redmond Office Space with Amenities

      Office space in Redmond with on-site tenant amenity center.
      8561 154Th Ave NE, Redmond, WA 98052
      View Details

    FAQs

    What type of property is this?
    Retail space - Premier retail spaces in Downtown Redmond, near upcoming light rail.
    Where is this retail space located?
    The property is located at 16595-16564 Redmond Way Redmond, WA.
    What are key features of this property?
    This property features: - Premier downtown Redmond retail location in the heart of the retail and dining district.; - Directly across from the new Downtown Redmond Light Rail Station opening in May 2025.; - High-density location with approx. 6,700 existing and 2,750 planned multi-family units within walking distance.
    (425) 450-1104
    Request Owner's contact information
    16595-16564 Redmond Way Redmond, WA 98052
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16595-16564 Redmond Way
    Redmond, WA 98052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16595-16564 Redmond Way Redmond, WA 98052
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.