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Property profile & analytics
FOR LEASE
Office buildings

175 NE Gilman Blvd Issaquah, WA 98027

7,328 SF 0.41 ac lot Built 1997
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US90-0489303
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Construction FRAME
Total area 7,328 SF
Lot 0.41 ac (17,811 SF)
Zoning code DR
APN 215880-0010
UPID US90-0489303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
$2.54M
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$3.30M
Owner & transaction history
Vc Investments LLC · 2 yrs held
Vc Investments LLC
since 2024
Last sale
$3.3M
2 recorded transactions
2025
Price N/A
2024
$3.3M
Zoning & alternative use
DR · Issaquah, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Issaquah Land Use Code
Top alternative use upside
Restaurant $3.9M +40.7%
Commercial (general) $3.7M +35.2%
Auto repair, garage $3.4M +21.8%
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