Mercer Island, WA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Mercer Island, WA Office Spaces for Sale

    Notify Me
    List
    Map
    Issaquah, WA Bellevue, WA Seattle, WA
    Mercer Island Development Opportunity
    $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
    View details
    Based on your search, we've compiled 35 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 26 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.

    Historic Mixed-Use Building in Seattle
    $5,250,000
    7,394 SF
    Historic Mixed-Use Building in Seattle

    Iconic Seattle building with retail, office, and parking.

    3601 S McClellan St, Seattle, WA

    View details
    Medical/Retail Condo Unit For Sale
    $1,950,000
    1,238 SF
    Medical/Retail Condo Unit For Sale

    Medical/Retail condo available for immediate occupancy with prominent signage.

    1106 108TH AVE NE, #111, Bellevue, WA 98004

    View details
    Bellevue Office Space For Rent
    Contact for pricing
    528 SF
    Bellevue Office Space For Rent

    Two-story office building in Wilburton, Bellevue with market-ready suites.

    345 118th Ave SE, Bellevue, WA

    View details
    Commercial Building in Columbia City
    $1,575,000
    0.20 Acres
    Commercial Building in Columbia City

    Commercial building suitable for various businesses or redevelopment.

    5200 Rainier Avenue S, Seattle, WA 98118

    View details

    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.

    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

    View details
    Commercial Arterial Zoned Land
    $2,000,000
    Commercial Arterial Zoned Land

    Commercial land suitable for various developments, flexible seller terms.

    4325 NE Sunset Blvd, Renton, WA 98059

    View details
    Vacant Land in University District
    $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

    View details
    Land Near Highway Access
    $1,500,000
    3.23 Acres
    Land Near Highway Access

    3.23 acres of commercial land with development potential.

    21st Ave SW, Federal Way, WA 98003

    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.

    7419 24th St
    DENTAL BUILDING
    2,472 SF Lot: 0.19 Acres
    Value Estimation by Request

    7419 24th St, Mercer Island, WA 98040-2326

    View details
    3003 81st SE Pl
    MEDICAL BUILDING
    3,683 SF Lot: 0.44 Acres
    Estimated value
    $2,855,000

    3003 81st SE Pl, Mercer Island, WA 98040

    View details
    3003 77th SE Ave
    OFFICE BUILDING
    155,200 SF Lot: 5.88 Acres
    Estimated value
    $108,765,000

    3003 77th SE Ave, Mercer Island, WA 98040-2837

    View details
    9725 36th St
    OFFICE BUILDING
    26,274 SF Lot: 1.61 Acres

    9725 36th St, Mercer Island, WA 98040-3841

    View details
    7525 24th St
    OFFICE BUILDING
    200,059 SF Lot: 1.41 Acres

    7525 24th St, Mercer Island, WA 98040-2336

    View details
    2856 80th SE Ave
    OFFICE BUILDING
    12,080 SF Lot: 0.15 Acres
    Estimated value
    $2,075,000

    2856 80th SE Ave, Mercer Island, WA 98040-2914

    View details
    7834 32nd St
    OFFICE BUILDING
    5,006 SF Lot: 0.34 Acres

    7834 32nd St, Mercer Island, WA 98040-2972

    View details
    7426 27th St
    OFFICE BUILDING
    5,317 SF Lot: 0.22 Acres

    7426 27th St, Mercer Island, WA 98040-2789

    View details
    2825 80th SE Ave
    MEDICAL BUILDING
    5,405 SF Lot: 0.23 Acres
    Estimated value
    $680,000

    2825 80th SE Ave, Mercer Island, WA 98040-2985

    View details
    3010 77th SE Ave
    OFFICE BUILDING
    9,650 SF Lot: 0.51 Acres
    Estimated value
    $2,075,000

    3010 77th SE Ave, Mercer Island, WA 98040-2895

    View details
    2815 80th SE Ave
    MEDICAL BUILDING
    2,642 SF Lot: 0.20 Acres
    Value Estimation by Request

    2815 80th SE Ave, Mercer Island, WA 98040

    View details
    3003 80th SE Ave
    OFFICE BUILDING
    6,240 SF Lot: 0.40 Acres
    Estimated value
    $1,475,000

    3003 80th SE Ave, Mercer Island, WA 98040-2915

    View details
    9311 36th St
    OFFICE BUILDING
    17,642 SF Lot: 1.02 Acres

    9311 36th St, Mercer Island, WA 98040-3740

    View details
    3035 Is Crst Way
    OFFICE BUILDING
    7,266 SF Lot: 0.41 Acres
    Estimated value
    $1,210,000

    3035 Is Crst Way, Mercer Island, WA 98040-2919

    View details
    2448 76th SE Ave
    OFFICE (GENERAL)
    4,687 SF Lot: 0.97 Acres

    2448 76th SE Ave, Mercer Island, WA 98040-2781

    View details
    7900 28th St
    OFFICE BUILDING
    38,874 SF Lot: 0.89 Acres
    Estimated value
    $7,670,000

    7900 28th St, Mercer Island, WA 98040-6005

    View details
    8015 28th St
    OFFICE BUILDING
    27,585 SF Lot: 0.38 Acres

    8015 28th St, Mercer Island, WA 98040-2910

    View details
    2955 80th SE Ave
    OFFICE BUILDING
    24,514 SF Lot: 0.69 Acres
    Estimated value
    $3,955,000

    2955 80th SE Ave, Mercer Island, WA 98040-2973

    View details
    3236 78th SE Ave
    MEDICAL BUILDING
    14,172 SF Lot: 0.45 Acres
    Estimated value
    $2,675,000

    3236 78th SE Ave, Mercer Island, WA 98040-3500

    View details
    8005 28th St
    OFFICE BUILDING
    13,795 SF Lot: 0.58 Acres
    Estimated value
    $2,575,000

    8005 28th St, Mercer Island, WA 98040-2904

    View details
    2737 78th SE Ave
    OFFICE BUILDING
    14,766 SF Lot: 0.90 Acres
    Estimated value
    $3,640,000

    2737 78th SE Ave, Mercer Island, WA 98040-2843

    View details
    9655 36th St
    OFFICE BUILDING
    23,704 SF Lot: 1.42 Acres
    Estimated value
    $3,640,000

    9655 36th St, Mercer Island, WA 98040-3798

    View details
    2835 82nd SE Ave
    OFFICE BUILDING
    23,408 SF Lot: 0.40 Acres
    Estimated value
    $3,635,000

    2835 82nd SE Ave, Mercer Island, WA 98040-3055

    View details

    Mercer Island, WA Office Spaces Investment Opportunities Market Analysis

    Explore 27 office spaces 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 office spaces 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 30
    Office buildings 6
    Medical Office Space 2
    Creative space 1

    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