Mercer Island, WA Mixed-use properties for sale

$4,950,000

3,683 SF

Mercer Island Development Opportunity

3003 Island Crest Way, Mercer Island, WA 98040

Prime development site near future light rail station.

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.

Updated: Jan 27

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Based on your search, we've compiled 18 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$2,450,000

2,310 SF

Seattle Corner Lot Restaurant Site

Corner lot in Seattle's Central District with mixed-use potential.

2605-2609 E Cherry St, Seattle, WA

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Contact for pricing

29,136 SF

Bellevue TOD Site Opportunity

Prime transit-oriented development site near Wilburton light rail station.

605 119th Ave NE, Bellevue, WA 98005

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Contact for pricing

0.68 Acres

Development Site in Ballard

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

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

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Rainier Avenue Mixed-Use Development Opportunity

$2,700,000

0.35 Acres

Rainier Avenue Mixed-Use Development Opportunity

15,131 SF lot zoned for mixed-use development.

4103 Rainier Avenue S, Seattle, WA 98118

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$35,000,000

2.55 Acres

Bellevue Land For Sale

Large land parcel available in Bellevue, Washington.

1310 116th Ave NE, Bellevue, WA 98004

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Seattle Denny Triangle Development Opportunity

$6,998,900

0.12 Acres

Seattle Denny Triangle Development Opportunity

5,302 SF commercial site in prime Seattle location.

2404 7th Avenue, Seattle, WA 98121

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$2,410,000

0.23 Acres

Vacant Land in University District

9,850 square foot vacant land parcel for sale.

4048 Pasadena Place Northeast, Seattle, WA 98105

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$327,000

0.27 Acres

Burien Commercial Mixed-Use Land

Commercial/mixed-use land in Burien, WA, suitable for various developments.

11601 Des Moines Memorial Drive S, Seattle, WA 98168

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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.

OFFICE/RESIDENTIAL (MIXED USE)

166,212 SF Lot: 0.45 Acres

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

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OFFICE/RESIDENTIAL (MIXED USE)

1,681 SF Lot: 0.43 Acres

Value Estimation by Request

Mercer Island, WA 98040

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OFFICE/RESIDENTIAL (MIXED USE)

10,040 SF Lot: 0.78 Acres

Estimated value

$1,680,000

Mercer Island, WA 98040

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OFFICE/RESIDENTIAL (MIXED USE)

1,840 SF Lot: 0.09 Acres

Value Estimation by Request

Mercer Island, WA 98040

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OFFICE/RESIDENTIAL (MIXED USE)

8,238 SF Lot: 0.29 Acres

Estimated value

$1,855,000

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

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OFFICE/RESIDENTIAL (MIXED USE)

217,375 SF Lot: 2.25 Acres

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

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OFFICE/RESIDENTIAL (MIXED USE)

147,450 SF Lot: 1.78 Acres

Estimated value

$21,740,000

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

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OFFICE/RESIDENTIAL (MIXED USE)

41,050 SF Lot: 0.41 Acres

Estimated value

$10,395,000

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

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OFFICE/RESIDENTIAL (MIXED USE)

37,200 SF Lot: 0.46 Acres

Estimated value

$5,575,000

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

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Mercer Island, WA Mixed-Use Properties Investment Opportunities Market Analysis

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 start at $4,950,000, averaging $4,950,000, and reaching up to $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.

Neighborhood	Average Price
98040	$5M

Neighborhood

Average Price

98040

$5M

Mercer Island, WA Mixed-use Properties for Sale

3003 Island Crest Way, Mercer Island, WA 98040