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3020 78th Ave SE
Mercer Island, WA 98040 Downtown Mercer Island

$3,508 USD/MO

General Retail For Lease  •  3,445 SF

Property Details

  • Property Type General Retail
  • Year Built 1964
  • Total Building Size 23,759 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning TC
30 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 3020 Retail 3,445 SF $12.22 USD/SF/YR
Islandia Center offers a rare leasing opportunity in Mercer Island's vibrant retail corridor. The available 3,445 SF space, formerly a second-generation bakery, is ideal for retail or full-service restaurant users seeking to establish a presence in an affluent and loyal community.
Situated in the heart of Mercer Island, the center benefits from abundant surface parking and convenient access to Interstate 90, providing effortless connectivity to both Downtown Seattle and Bellevue. Nearby amenities include premier grocers, fitness studios, and popular dining destinations. This high-exposure location is adjacent to the soon-to-open Mercer Island Light Rail Station, enhancing regional accessibility and long-term foot traffic potential.
Mercer Island is recognized for its strong income levels, dense residential character, and educated population, creating an exceptional backdrop for retailers catering to discerning consumers. This well-positioned asset aligns visibility, accessibility, and community demand for an unparalleled retail opportunity.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

The property is located on 78th Avenue SE on Mercer Island, within a shopping complex featuring multiple retail and restaurant tenants. The site is approximately one mile south of Interstate 90, offering connectivity to Seattle and Bellevue. Nearby amenities include a variety of retailers, banks, and restaurants concentrated within the town center. The surrounding area is largely residential and well-served by arterial streets such as SE 30th Street. Proximity to planned light rail development and consistent vehicular traffic enhances its accessibility.

Highlights

Located in the core of Mercer Island with direct proximity to Seattle and Bellevue via I-90.
Abundant on-site surface parking with easy customer access.
Surrounded by national and local retailers within a thriving commercial hub.
Benefits from affluent demographics with high household income levels.
Walking distance to future Mercer Island Light Rail Station.
Former bakery layout offers built-in infrastructure for food and beverage concepts.

Property Flyers

Amenities

  • Restaurant
  • Signage
  • Tenant Controlled HVAC

Major Tenants

Tenant SF Occupied Lease End Date
Homegrown

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 9 min - 5.6 mi
AirportDriveWalkDistance
Seattle-Tacoma International 28 min - 17.4 mi
Seattle Paine Field International 41 min - 28.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Alex Vlaski 206-303-7327 JSH Properties, Inc.
Alex Vlaski 206-303-7327 JSH Properties, Inc.