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Retail Storefronts with High Ceilings
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2750 77th Ave SE, Mercer Island, WA 98040

Retail storefronts along 77th and 78th Avenues within a new mixed-use development on Mercer Island.

Property Size984 SF
Days on Market480

Property Features for 2750 77th Ave SE

General Information

Standard status Active
Size 984 SF
Total Parking Spaces 56
Property subtype RETAIL

Additional Details

Multifamily Units 146

Amenities

through-block park-like pedestrian corridor
three public plazas
Listing Agency: Gibraltar, LLC
Listed By: Laura Miller
Source: Moodyscre
Added: Apr 7, 2025 Changed: Jul 27 Last Checked: Jul 29 at 3:47PM

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 Gibraltar, LLC

Investment Insights

Based on property information with market context.

New mixed-use development featuring retail storefronts along 77th Avenue and 78th Avenue, with high ceilings. The project includes 146 residential units, as well as a through-block, park-like pedestrian corridor and three public plazas intended to expand outdoor amenity space.

The development is located at 2750 77th Ave SE, Mercer Island, WA 98040, and includes 56 retail customer parking stalls.

For tenancy, the offering is listed as for rent, with NNN estimated as TBD.

Key Highlights

  • New mixed‑use development by Johnston Architects in Mercer Island Town Center
  • 146 residential units
  • Retail storefronts along 77th and 78th Avenues

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Storage Facility Auto Repair Shop Catering Service

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

Lease Details

146
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98040, WA

25,748
Population
10,454
Households
2.5
Avg Household Size
44
Median Age
79%
College-Educated
98%
High-School Grad
6.4 sq mi
ZIP Area
4,023
Density / Sq Mi
$202,359
Median Household Income
$96,073
Median Earnings
$2,464
Median Rent
$1,884,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Similar Off Market Nearby

  • Mercer Island Florist — 3006 78th Ave SE, Mercer Island, WA 98040

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefronts along 77th and 78th Avenues within a new mixed-use development on Mercer Island.
Where is this storefront property located?
The property is located at 2750 77th Ave SE Mercer Island, WA.
What are key features of this property?
This property features: New mixed‑use development by Johnston Architects in Mercer Island Town Center; 146 residential units; Retail storefronts along 77th and 78th Avenues
(206) 351-3573 Call to check price and availability
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