Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3003 Island Crest Way - Island Crest Way Development Site 0.44 Acres of Commercial Land Offered at $4,950,000 in Mercer Island, WA 98040

Commercial Land Parcels Washington Mercer Island 3003 Island Crest Way, Mercer Island, WA 98040

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • AFFLUENT DEMOGRAPHICS
  • CONVENIENT TRANSPORTATION
  • LOW SUPPLY
  • NEARBY AMENITIES
  • VISIBILITY
  • PROXIMITY TO EMPLOYERS

Executive Summary

NAI Puget Sound Properties is pleased to present an opportunity to purchase a prime development site on Mercer Island. Ideally positioned along Island Crest Way, this highly-visible corner offers the perfect location for your new development.

Attachments

NAI PSP Marketing Brochure

Property Facts

Price $4,950,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Retail
Sale Condition Redevelopment Project Total Lot Size 0.44 AC
No. Lots 1 No. Stories 2
Property Type Land
Zoning MF2 - Multifamily 2 (MF-2), Office, Medical, Retail and Mixed Use
Price $4,950,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.44 AC
No. Stories 2
Zoning MF2 - Multifamily 2 (MF-2), Office, Medical, Retail and Mixed Use

1 Lot Available

Lot

Price $4,950,000 Lot Size 0.44 AC
Price Per AC $11,250,000.00
Price $4,950,000
Price Per AC $11,250,000.00
Lot Size 0.44 AC
1 1
3003 Island Crest Way, Mercer Island, WA - Aerial map view - Image1
3003 Island Crest Way, Mercer Island, WA - Aerial map view - Image2
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 545230-0156 Improvements Assessment $274,800
Land Assessment $1,610,100 Total Assessment $1,884,900

Property Taxes

Parcel Number
545230-0156
Land Assessment
$1,610,100
Improvements Assessment
$274,800
Total Assessment
$1,884,900
(425) 586-5640

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 33075940

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 3003 Island Crest Way, Mercer Island, WA 98040

More public record information on 3003 Island Crest Way, Mercer Island, WA 98040

The Downtown Mercer Island Land Property at 3003 Island Crest Way, Mercer Island, WA 98040 is currently available. Contact NAI Puget Sound Properties for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
3003 Island Crest Way, Mercer Island, WA for sale Aerial- Image 1 of 3
Lot Aerial
3003 Island Crest Way, Mercer Island, WA for sale Aerial- Image 2 of 3
Parcel Outline
1 of 1

Connect with us

© 2026 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

3003 Island Crest Way - Island Crest Way Development Site
(425) 586-5640 x

3003 Island Crest Way - Island Crest Way Development Site

Chris O'Connor
(425) 586-5640

Dean Altaras
(425) 417-7158

Billy Poll
(425) 586-5604

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
Favorite Listings
Save Searches
Share Listings
Access Documents
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.