Mixed-Use

Mercer Island, WA Mixed-use Properties for Sale

Notify Me
List
Map
Bellevue, WA Seattle, WA Newcastle, WA Issaquah, WA Renton, WA Medina, WA Clyde Hill, WA Tukwila, WA
Mercer Island Development Opportunity
Updated: Jan 27
Mercer Island Development Opportunity

3003 Island Crest Way, Mercer Island, WA 98040

$4,950,000
3,683 sqft 0.44 AC lot
Prime development site on Mercer Island.
Multifamily 2 (MF‑2) zoning allows for Multifamily, Office, Medical, Retail, and Mixed‑Use development.
Highly visible corner location along Island Crest Way.
Just an 8‑minute walk to the new Mercer Island Link Light Rail Extension (opening in 2024).
Land area of 19,169 SF / 0.44 acre.
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Mercer Island, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

3015 Beacon Ave S, Seattle, WA 98144

$2,695,000
4,283 sqft 0.09 AC lot

Multi-unit commercial property combines restaurant, office, residential, courtyard, and covered parking components.

View details
Shovel-Ready Mixed-Use Development
Shovel-Ready Mixed-Use Development

3109-3111 Rainier Ave S, Seattle, WA 98144

Contact for pricing
123,052 sqft

Fully entitled mixed-use project with 175 residential units and ground-floor retail, constructed-ready for immediate development.

View details
Mixed-Use Property with Café
Mixed-Use Property with Café

8805 Points Dr, Clyde Hill, WA 98004

Contact for pricing

An upper-floor office complements the improved café space at street level.

View details
Development Site in Ballard
Development Site in Ballard

2363 NW 80th St & 7800 24th Ave NW, Seattle, WA 98117

Contact for pricing
0.68 AC lot

Versatile development site in Crown Hill/Ballard with multi-use potential.

View details

Off-Market Properties in Mercer Island, WA

Consider similar Off-Market properties in Mercer Island, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2630 77th SE Ave
OFFICE/RESIDENTIAL (MIXED USE)

2630 77th SE Ave, Mercer Island, WA 98040-4053

Estimated value:
$44,315,000
166,212 sqft 0.45 AC lot
View details
Mercer Island, WA 98040
OFFICE/RESIDENTIAL (MIXED USE)

Mercer Island, WA 98040

Estimated value:
$380,000
1,681 sqft 0.43 AC lot
View details
Mercer Island, WA 98040
OFFICE/RESIDENTIAL (MIXED USE)

Mercer Island, WA 98040

Estimated value:
$1,680,000
10,040 sqft 0.78 AC lot
View details
Mercer Island, WA 98040
OFFICE/RESIDENTIAL (MIXED USE)

Mercer Island, WA 98040

Estimated value:
$295,000
1,840 sqft 0.09 AC lot
View details
2780 78th SE Ave
OFFICE/RESIDENTIAL (MIXED USE)

2780 78th SE Ave, Mercer Island, WA 98040-2817

Estimated value:
$1,855,000
8,238 sqft 0.29 AC lot
View details
2758 78th SE Ave
OFFICE/RESIDENTIAL (MIXED USE)

2758 78th SE Ave, Mercer Island, WA 98040-2868

Estimated value:
$31,390,000
217,375 sqft 2.25 AC lot
View details
7650 27th St
OFFICE/RESIDENTIAL (MIXED USE)

7650 27th St, Mercer Island, WA 98040-3060

Estimated value:
$21,740,000
147,450 sqft 1.78 AC lot
View details
2836 78th SE Ave
OFFICE/RESIDENTIAL (MIXED USE)

2836 78th SE Ave, Mercer Island, WA 98040-2848

Estimated value:
$10,395,000
41,050 sqft 0.41 AC lot
View details
3011 78th SE Ave
OFFICE/RESIDENTIAL (MIXED USE)

3011 78th SE Ave, Mercer Island, WA 98040-2853

Estimated value:
$5,575,000
37,200 sqft 0.46 AC lot
View details

Mercer Island, WA Mixed-Use Properties Market Trends and Statistics

Explore 10 mixed-use properties for sale in Mercer Island, WA on our real estate platform. These investment opportunities span a total of 3,683 square feet of properties for sale, with an estimated market value of $4,950,000.

Sale prices for multi use buildings in Mercer Island, WA average $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Demographics Overview

Population 25K
Population Growth (5Y) -0.8%
Median Household Income $202,359

High-Yield Neighborhoods for Investment

Identify Mercer Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98040 $5M

Taxes & Financing

Tax Rate (average for all types) 0.61%
Property Tax per SF $4.68 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Why this one?
Saved