Mercer Island, WA
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    Mercer Island, WA Retail Properties & Spaces for Sale

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    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
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    Based on your search, we've compiled 52 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 43 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

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    South Seattle Retail Investment Opportunity
    $2,200,000
    5,326 SF
    South Seattle Retail Investment Opportunity

    Multi-tenant retail strip center in Columbia City neighborhood.

    4850 37th Ave S, Seattle, WA 98118

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    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

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    Retail Space in Bellevue
    Contact for pricing
    6,455 SF
    Retail Space in Bellevue

    Retail space available in Bellevue, Washington.

    10317 Main St, Bellevue, WA 98004

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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.

    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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    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

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    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

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    Burien Commercial Mixed-Use Land
    $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.

    2690 76th SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,896 SF Lot: 0.19 Acres
    Value Estimation by Request

    2690 76th SE Ave, Mercer Island, WA 98040-2741

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    2830 80th SE Ave
    FINANCIAL BUILDING
    6,988 SF Lot: 0.76 Acres
    Value Estimation by Request

    2830 80th SE Ave, Mercer Island, WA 98040-2914

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    1825 72nd SE Ave
    RESTAURANT
    4,703 SF Lot: 0.50 Acres
    Estimated value
    $1,900,000

    1825 72nd SE Ave, Mercer Island, WA 98040-2109

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    7833 28th St
    AUTO REPAIR, GARAGE
    1,000 SF Lot: 0.30 Acres
    Estimated value
    $2,700,000

    7833 28th St, Mercer Island, WA 98040-2902

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    78th SE Ave
    PARKING LOT
    Lot: 0.23 Acres
    Value Estimation by Request

    78th SE Ave, Mercer Island, WA 98040

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    7810 27th St
    RESTAURANT
    1,168 SF Lot: 0.28 Acres
    Estimated value
    $1,925,000

    7810 27th St, Mercer Island, WA 98040-2924

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    7667 27th St
    PARKING LOT
    Lot: 0.14 Acres
    Value Estimation by Request

    7667 27th St, Mercer Island, WA 98040-2804

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    2728 80th SE Ave
    AUTO REPAIR, GARAGE
    4,087 SF Lot: 0.25 Acres
    Estimated value
    $3,725,000

    2728 80th SE Ave, Mercer Island, WA 98040-2966

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    2900 78th SE Ave
    RESTAURANT
    952 SF Lot: 0.17 Acres
    Estimated value
    $1,350,000

    2900 78th SE Ave, Mercer Island, WA 98040-2821

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    2755 77th SE Ave
    GROCERY, SUPERMARKET
    37,076 SF Lot: 2.74 Acres
    Estimated value
    $10,710,000

    2755 77th SE Ave, Mercer Island, WA 98040-2811

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    2750 77th SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    7,036 SF Lot: 0.46 Acres

    2750 77th SE Ave, Mercer Island, WA 98040-2812

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    2827 80th SE Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,128 SF Lot: 0.10 Acres
    Estimated value
    $555,000

    2827 80th SE Ave, Mercer Island, WA 98040-2913

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    Mercer Island, WA 98040
    RETAIL STORES (PERSONAL SERVICES)
    1,464 SF Lot: 0.25 Acres
    Value Estimation by Request

    Mercer Island, WA 98040

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    7655 Sunset Hwy
    AUTO REPAIR, GARAGE
    2,180 SF Lot: 0.46 Acres
    Value Estimation by Request

    7655 Sunset Hwy, Mercer Island, WA 98040-2824

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    2903 78th SE Ave
    CONVENIENCE STORE
    2,285 SF Lot: 0.38 Acres
    Estimated value
    $575,000

    2903 78th SE Ave, Mercer Island, WA 98040-2820

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    2411 76th SE Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,032 SF Lot: 0.27 Acres
    Value Estimation by Request

    2411 76th SE Ave, Mercer Island, WA 98040-2730

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    2825 Mercer Way
    GYM, HEALTH SPA
    9,231 SF Lot: 2.87 Acres
    Estimated value
    $530,000

    2825 Mercer Way, Mercer Island, WA 98040-2536

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    3023 78th SE Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    42,249 SF Lot: 2.79 Acres
    Estimated value
    $11,915,000

    3023 78th SE Ave, Mercer Island, WA 98040-2822

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    9555 36th St
    PARKING LOT
    Lot: 0.91 Acres
    Value Estimation by Request

    9555 36th St, Mercer Island, WA 98040-3703

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    Mercer Island, WA 98040
    PARKING GARAGE, PARKING STRUCTURE
    130,988 SF Lot: 2.21 Acres
    Estimated value
    $83,625,000

    Mercer Island, WA 98040

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    2420 76th SE Ave, Unit 2440
    RESTAURANT
    1,155 SF Lot: 0.15 Acres
    Value Estimation by Request
    Unit 2440

    2420 76th SE Ave, Mercer Island, WA 98040-2731

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    2430 76th SE Ave
    PARKING LOT
    Lot: 0.41 Acres
    Value Estimation by Request

    2430 76th SE Ave, Mercer Island, WA 98040-2807

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    2430 76th SE Ave
    PARKING LOT
    Lot: 0.40 Acres
    Value Estimation by Request

    2430 76th SE Ave, Mercer Island, WA 98040-2807

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    Mercer Island, WA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 44 retail properties & 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 stores 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.

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    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%

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