Advertise
    Mercer Island, WA
    Office

    Mercer Island, WA Office Spaces for Sale

    Notify Me
    List
    Map
    Issaquah, WA Bellevue, WA Seattle, WA Newcastle, WA Medina, WA Tukwila, WA Renton, WA Redmond, 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
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Leased Office Development Parcel
    Leased Office Development Parcel

    3207 Rainier Avenue S, Seattle, WA 98144

    $4,500,000
    3,384 sqft 0.37 AC lot

    Fully fenced parcels total 16,200 sf with a leased 3,384 sf office building, zoned SM-NR 95 (M).

    View details
    Mixed-Use Development Site
    Mixed-Use Development Site

    100 107th Ave NE, Bellevue, WA 98004

    Contact for pricing
    23,958 sqft

    For-sale downtown Bellevue mixed-use development opportunity near Bellevue Downtown Park, The Bellevue Collection, and East Link Light Rail.

    View details
    Standalone Class A Office Building
    Standalone Class A Office Building

    123 105th Avenue SE, Bellevue, WA 98004

    Contact for pricing
    6,490 sqft

    Standalone Class A office building offering 6,490 SF in the Bellevue CBD.

    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

    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
    Seattle Denny Triangle Development Opportunity

    2404 7th Avenue, Seattle, WA 98121

    $6,998,900
    0.12 AC lot

    5,302 SF commercial site in prime Seattle location.

    View details
    Commercial Arterial Zoned Land
    Commercial Arterial Zoned Land

    4325 NE Sunset Blvd, Renton, WA 98059

    $2,000,000

    Commercial land suitable for various developments, flexible seller terms.

    View details
    Redmond Land Near Downtown
    Redmond Land Near Downtown

    16455 85th St, Redmond, WA 98052

    Contact for pricing
    7,095 sqft

    Land near downtown Redmond with high foot traffic.

    View details
    Desirable Corner Lot Near Greenlake
    Desirable Corner Lot Near Greenlake

    8211 Aurora Ave N, Seattle, WA 98103

    $2,150,000
    0.25 AC lot

    Double corner lot near Greenlake with C1-55 zoning.

    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

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

    Value Estimation by Request
    2,472 sqft 0.19 AC lot
    View details
    3003 81st SE Pl
    MEDICAL BUILDING

    3003 81st SE Pl, Mercer Island, WA 98040

    $2,855,000
    Estimated value
    3,683 sqft 0.44 AC lot
    View details
    3003 77th SE Ave
    OFFICE BUILDING

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

    Value Estimation by Request
    155,200 sqft 5.88 AC lot
    View details
    9725 36th St
    OFFICE BUILDING

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

    $4,875,000
    Estimated value
    26,274 sqft 1.61 AC lot
    View details
    7525 24th St
    OFFICE BUILDING

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

    $31,845,000
    Estimated value
    200,059 sqft 1.41 AC lot
    View details
    2856 80th SE Ave
    OFFICE BUILDING

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

    $2,075,000
    Estimated value
    12,080 sqft 0.15 AC lot
    View details
    7834 32nd St
    OFFICE BUILDING

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

    $1,335,000
    Estimated value
    5,006 sqft 0.34 AC lot
    View details
    7426 27th St
    OFFICE BUILDING

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

    $980,000
    Estimated value
    5,317 sqft 0.22 AC lot
    View details
    2825 80th SE Ave
    MEDICAL BUILDING

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

    $680,000
    Estimated value
    5,405 sqft 0.23 AC lot
    View details
    3010 77th SE Ave
    OFFICE BUILDING

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

    $2,075,000
    Estimated value
    9,650 sqft 0.51 AC lot
    View details
    2815 80th SE Ave
    MEDICAL BUILDING

    2815 80th SE Ave, Mercer Island, WA 98040

    Value Estimation by Request
    2,642 sqft 0.20 AC lot
    View details
    3003 80th SE Ave
    OFFICE BUILDING

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

    $1,475,000
    Estimated value
    6,240 sqft 0.40 AC lot
    View details
    9311 36th St
    OFFICE BUILDING

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

    $2,980,000
    Estimated value
    17,642 sqft 1.02 AC lot
    View details
    3035 Is Crst Way
    OFFICE BUILDING

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

    $1,210,000
    Estimated value
    7,266 sqft 0.41 AC lot
    View details
    2448 76th SE Ave
    OFFICE (GENERAL)

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

    $815,000
    Estimated value
    4,687 sqft 0.97 AC lot
    View details
    7900 28th St
    OFFICE BUILDING

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

    $7,670,000
    Estimated value
    38,874 sqft 0.89 AC lot
    View details
    8015 28th St
    OFFICE BUILDING

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

    $4,290,000
    Estimated value
    27,585 sqft 0.38 AC lot
    View details
    2955 80th SE Ave
    OFFICE BUILDING

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

    $3,955,000
    Estimated value
    24,514 sqft 0.69 AC lot
    View details
    3236 78th SE Ave
    MEDICAL BUILDING

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

    $2,675,000
    Estimated value
    14,172 sqft 0.45 AC lot
    View details
    8005 28th St
    OFFICE BUILDING

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

    $2,575,000
    Estimated value
    13,795 sqft 0.58 AC lot
    View details
    2737 78th SE Ave
    OFFICE BUILDING

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

    $3,640,000
    Estimated value
    14,766 sqft 0.90 AC lot
    View details
    9655 36th St
    OFFICE BUILDING

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

    $3,640,000
    Estimated value
    23,704 sqft 1.42 AC lot
    View details
    2835 82nd SE Ave
    OFFICE BUILDING

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

    $3,635,000
    Estimated value
    23,408 sqft 0.40 AC lot
    View details

    Mercer Island, WA Office Spaces Market Trends and Statistics

    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 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

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 20
    Office buildings 8
    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

    Contact Us

    Browse Office Spaces for Sale Near Mercer Island, WA

    Popular Searches in Mercer Island, WA

    Most Searched ZIP Codes in Mercer Island, WA

    • 98040

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!