Prime Retail Space in
For Lease
Contact for pricing
523 Union Street, Seattle, WA 98101
Located in the heart of Seattle's central business district.
Property Size274,070 SF
Days on Market252
Property Features for 523 Union Street
General Information
Standard status
Active
Size
274,070 SF
Property subtype
Retail
Listing Agency:
NAI Puget Sound Properties
(206) 390-0889
Listed By:
Rick Page
(206) 390-0889
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 4:32AM
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
Investment Insights
Based on property information with market context.
This prime retail space is situated in the heart of Seattle’s central business district. The hard corner location on Union Street benefits from over 3 million square feet of office space within a three-block radius, providing access to over 30,000 daytime shoppers. It is located one block from Rainier Square, a luxury condo and office tower that includes a 20,000 square foot PCC market. The property offers excellent proximity to downtown hotels and access to WAC members and guests. This location presents an ideal opportunity to cater to the growing daytime and nighttime populations in the surrounding area.
Key Highlights
- Prime retail space in the heart of Seattle's central business district.
- Hard corner Union Street frontage.
- Over 3M SF of office space in a three block radius, providing access to over 30,000 daytime shoppers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
23,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 98101, WA
16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value
Market
Lease Benchmarks for Seattle, WA
$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Located in the heart of Seattle's central business district.
Where is this retail space located?
The property is located at 523 Union Street Seattle, WA.
What are key features of this property?
This property features: Prime retail space in the heart of Seattle's central business district.; Hard corner Union Street frontage.; Over 3M SF of office space in a three block radius, providing access to over 30,000 daytime shoppers.
