Commercial Real Estate Market in Bothell, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
83 active listings and 649 off-market properties in Bothell, WA. Commercial property asks $665/SF to buy and $25.67/SF/Yr to lease.
Market Trends
Bothell, WA spans 39.0 square miles in King County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Bothell, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Bothell, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Bothell, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Bothell, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 69.7%
- Mixed use 15.9%
- Industrial 6.4%
- Commercial 4.3%
- Open space 1.1%
- Agricultural 0.9%
- Residential 0.8%
Largest Zones share of zoned land by district
Residential 6000 Square Feet
Residential 4000 Square Feet
Residential Minimum Density Of 25 Units Per Acre
Residential 5400 Square Fee
Residential Conservation 40000 Square Feet
Residential 6000 Square Feet (R-L1)
The intent of R-L1 residential zoning is to provide locations for a range of densities and housing types to ensure a broad choice of attractive and affordable living accommodations to persons desiring to reside in Bothell. Residential zones may contain as outright permitted uses or conditional uses certain nonresidential uses which enhance the community incl…
Market overview
Demographics & Economy
Bothell, WA has 160,768 residents in 62,589 households. Density runs 4,122 people per square mile. Median household income here is $145,170 and median gross rent $2,274 a month.
160,768
Population
62,589
Households
2.6
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
39 sq mi
ZIP Area
4,122
Density / Sq Mi
$145,170
Median Household Income
$76,680
Median Earnings
$2,274
Median Rent
$852,756
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Kenmore | — | — |
| Woodinville | — | — |
| Mountlake Terrace | — | — |
| Kirkland | — | $38.69 |
Commercial property in Bothell, WA asks $665/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bothell?
Commercial property in Bothell, WA asks an average of $665 per square foot. The 6 most recent recorded sales traded at a median of $305/SF, so asking sits 118% above the achieved median.
How much does it cost to lease commercial space in Bothell?
Asking lease rates in Bothell, WA average $25.67 per square foot per year.
Where does Realmo's Bothell market data come from?
Realmo compiles Bothell, WA figures from 7 recent recorded sales, 18 active sale listings, 65 active lease listings, 649 tracked off-market properties, the current Bothell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 18 active for-sale and 65 active for-lease listings in Bothell, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 8,746 zoned acres across 60 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
