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South Lake Union Flex Space
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1167 Mercer St, Seattle, WA 98109

Flexible layout with secured parking in South Lake Union.

Space Size9,835 SF
Days on Market154

Property Features for 1167 Mercer St

General Information

Standard status Active
Size 9,835 SF
Class B
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 9,835 SF
Year Built 1962
Tenancy Single

Spaces For Lease

at 1167 Mercer St Contact us

Available Space

Size
9,835 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Puget Sound Properties Bellevue
Listed By: Bob Swain · License #WA
Source: Crexi
Added: Mar 17 Changed: Aug 14 Last Checked: Aug 14 at 7:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Puget Sound Properties Bellevue

Investment Insights

Based on property information with market context.

Located in South Lake Union, this property offers a flexible layout with fenced and secured onsite parking and yard space. The location provides signage opportunities facing Mercer Street, near the on and off ramp to I-5. Previous tenants have utilized the space for sign manufacturing, water damage restoration, auto-body work, assembly, and storage.

Key Highlights

  • Ideal South Lake Union location.
  • Amazing signage facing Mercer on/off ramp to I‑5.
  • Fenced and secured onsite parking/yard.

Property Analytics

Current Use

TITAN AUTO EXCHANGE Car Dealership

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Daycare Center Clothing & Fashion Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,506
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98109, WA

34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value

Market

Vacancy Rate% for Industrial in Seattle, WA

3.6% 2019
5.2% 2020
4.3% 2021
2.9% 2022
5.3% 2023
7.4% 2024
9.2% 2025
Rey
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Similar Off Market Nearby

  • BLOOM Catering 1808 Minor Ave, Seattle, WA 98101
  • Culinary Couriers Inc 222 Westlake Ave N, Seattle, WA 98109
  • Cafe Stellina Catering/NEST School Lunch 3007 Beacon Ave S, Seattle, WA 98144
  • Wolf gang puck catering 2122 7th Ave, Seattle, WA 98121
  • Hurry Curry of Tokyo - South Lake Union 825 Harrison St, Seattle, WA 98109

Frequently Asked Questions

What type of property is this?
Flex space - Flexible layout with secured parking in South Lake Union.
Where is this flex space located?
The property is located at 1167 Mercer St Seattle, WA.
What is the lease rate?
The lease rate is $22.20 SF/Yr.
What are key features of this property?
This property features: Ideal South Lake Union location.; Amazing signage facing Mercer on/off ramp to I‑5.; Fenced and secured onsite parking/yard.
(206) 794-0443 Call to check price and availability
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