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    175 NE Gilman Blvd Issaquah, WA 98027
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    Property profile & analytics

    175 NE Gilman Blvd Issaquah, WA 98027


    • Office buildings
    • 7,328 SF
    • 0.41 lot acres
    Downtown Issaquah Office Space Available For Lease
    $3,300,000
    3,190 SF

    Downtown Issaquah Office Space Available

    3,190 RSF office space for rent in downtown Issaquah.

    175 NE Gilman Blvd, Issaquah, WA 98027
    View Listing
    Property ID
    US90-0489303
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,300,000
    Cap Rate Potential
    5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 175 NE Gilman Blvd

    Year built
    1997
    Construction
    FRAME
    Lot size
    0.41 lot acres
    Property size
    7,328 SF
    Zone code
    DR
    Property type
    Office buildings
    APN
    215880-0010
    APU
    2158800010

    Description

    This exceptional 3,190-square-foot office suite, located on the second floor of 175 East Gilman in downtown Issaquah, is now available. The space is part of a larger 7,011-square-foot building and offers immediate occupancy. Situated with high visibility on NE Gilman Boulevard, this traditional/creative office space enjoys a prominent location with easy access to I-90 via Front Street. Numerous amenities are within walking distance, enhancing the convenience for tenants and employees. The suite is ready for tenant improvements, offering a blank canvas to create a customized workspace. The building itself has undergone significant recent upgrades, including the installation of a new elevator to ensure ADA compliance. This meticulously maintained building provides a professional and modern environment. The entire second floor comprises this single, contiguous suite, totaling 3,190 square feet. Further details regarding recent building improvements are available upon request. This is a unique opportunity to secure a well-located, adaptable office space in the thriving downtown Issaquah area. The property is located in King County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,300,000
      ML approach
      $3,300,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,745,000
      6.5%
      $2,535,000
      7%
      $2,355,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,684,000
      Market price range: $1.60M - $4.56M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,765,000
      Current use
      RESTAURANT
      $3,890,000
      Change: +41% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $3,735,000
      Change: +35% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,365,000
      Change: +22% Conversion: Difficult
      MEDICAL BUILDING
      $2,895,000
      Change: +5% Conversion: Easy
      RETAIL STORES
      $2,875,000
      Change: +4% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $2,795,000
      Change: +1% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,540,000
      Change: -8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Issaquah
    County
    King
    State
    Washington
    Longitude
    -122.034
    Latitude
    47.5357
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,884
    $712,900
    $1,499,600
    $2,212,500
    -
    $712,900
    $1,499,600
    $2,212,500
    View Listing
    More about this property
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