Commercial Real Estate Market in Kenmore, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
15 active listings and 191 off-market properties in Kenmore, WA. Commercial property asks $3,186/SF to buy and $40.00/SF/Yr to lease.
Market Trends
Kenmore, WA spans 6.1 square miles in King County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Kenmore, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Kenmore, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Kenmore, 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 Kenmore, 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
- Residential 69.8%
- Open space 18.3%
- Commercial 3.2%
- Industrial 2.5%
- Mixed use 1.2%
Largest Zones share of zoned land by district
Residential 6 Dwellings Per Acre
Residential 4 Dwellings Per Acre
Parks
Residential 1 Dwelling Per Acre
Public And Semi Public
Kenmore, WA zones 3,459 acres across 18 districts. Commercial zoning covers 3.2% of zoned land, residential 69.8%, open space 18.3% and industrial 2.5%. The largest single district is Residential 6 Dwellings Per Acre at 45%. For commercial buyers the practical constraint is that only 5.7% of land carries a commercial or industrial designation.
Residential 6 Dwellings Per Acre (R-6)
Residential zones R-1, R-4 and R-6 - Use allowances. The following uses listed in Table A are identified as permitted , conditionally permitted, or prohibited uses in residential zones R-1, R-4 and R-6: Table A. R-1, R-4 and R-6 Zones Use Allowances PERMITTED CONDITIONALLY PERMITTED PROHIBITED Air transportation service 1 Ambulatory surgery center 25 Adult e…
Market overview
Demographics & Economy
Kenmore, WA has 23,914 residents in 9,362 households. Density runs 3,890 people per square mile. Median household income here is $137,926 and median gross rent $1,944 a month.
23,914
Population
9,362
Households
2.6
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
3,890
Density / Sq Mi
$137,926
Median Household Income
$72,090
Median Earnings
$1,944
Median Rent
$869,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bothell | — | $25.67 |
| Mountlake Terrace | — | — |
| Shoreline | — | $14.33 |
| Woodinville | — | — |
Commercial property in Kenmore, WA asks $3,186/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenmore?
Commercial property in Kenmore, WA asks an average of $3,186 per square foot. The 5 most recent recorded sales traded at a median of $300/SF, so asking sits 960% above the achieved median.
How much does it cost to lease commercial space in Kenmore?
Asking lease rates in Kenmore, WA average $40.00 per square foot per year.
What zoning applies to commercial property in Kenmore?
Kenmore, WA zones 3,459 acres across 18 districts, of which 3.2% is commercial and 2.5% industrial. The largest single district is Residential 6 Dwellings Per Acre at 45% of zoned land. Residential zones R-1, R-4 and R-6 - Use allowances. The following uses listed in Table A are identified as permitted , conditionally permitted, or prohibited uses in residential zones R-1, R-4 and R-6: Table A. R-1, R-4 and R-6 Zones Use Allowances PERMITTED CONDITIONALLY PERMITTED PROHIBITED Air transportation service 1 Ambulatory surgery center 25 Adult e… Residential zoning covers 69.8% and open space 18.3%.
Where does Realmo's Kenmore market data come from?
Realmo compiles Kenmore, WA figures from 6 recent recorded sales, 12 active sale listings, 3 active lease listings, 191 tracked off-market properties, the current Kenmore zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 3 active for-lease listings in Kenmore, 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: 3,459 zoned acres across 18 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
