Spaces For Lease

at 1509 E Mercer St Contact us

Available Now! Capitol Hill Boutique Retail on 15th Ave E $40/SF/Yr

Floor

1

Size

1,752 SF

Type

RETAIL

Lease Type

NNN

Availability

AVAILABLE, Now

Bring your concept! Rare corner vacancy in a character-rich building located on Capitol... Hill's bustling 15th Ave E. Newly renovated Building storefront designed by SkB Architects. Features exposed wood beams, columns, brick, concrete floors, and sliding storefront windows. Ideal for coffee/cafe, wine bar, ice cream shop. Surrounding businesses include: Bar Cantinetta, Nuflours Bakery, Harry's Bar and more! Retail Co-tenant is MOOV Pilates (coming soon).

show more

Contact us

Listing Agency: Gibraltar, LLC Show Phone

Listed By: Laura Miller · License #17709 Show Phone

Source: Moodyscre

Added: Aug 7, 2025 Changed: Sep 9 Last Checked: Sep 12 at 6:50AM

Report an Issue

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 Gibraltar, LLC

Investment Insights

Based on property information with market context.

This newly renovated corner retail storefront is designed for a cafe, wine bar, or similar concept. The space features exposed wood beams and columns, brick elements, concrete floors, and sliding storefront windows.

The property is located on Capitol Hill along 15th Ave E in a character-rich building, with nearby businesses including Bar Cantinetta and Nuflours Bakery. MOOV Pilates is listed as a retail co-tenant coming soon.

The frontage design includes sliding storefront windows, offering visibility directly from the street-facing corner location.

Key Highlights

• Newly renovated corner storefront in a character‑rich building on Capitol Hill’s 15th Ave E
• Storefront features exposed wood beams, columns, brick, concrete floors, and sliding storefront windows
• Designed storefront by SkB Architects

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Zipcar Car Rental Facility Fredonia Apartment Building Practical Pest Control Garden Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Auto Parts Store Electrical Service Mobile Phone 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

$6.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,817

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 98112, WA

23,152

Population

11,670

Households

2

Avg Household Size

39

Median Age

81%

College-Educated

99%

High-School Grad

3.2 sq mi

ZIP Area

7,235

Density / Sq Mi

$162,073

Median Household Income

$84,919

Median Earnings

$2,062

Median Rent

$1,407,400

Median Home Value

Market

Lease Benchmarks for Seattle, WA

$32.33 /SF/Yr

Avg Asking Price

$19–$48 /SF/Yr

Price Range

3,936 SF

Avg Space Size

This space is priced 24% above the average of $32.33 /SF/Yr.

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019

4.4% 2020

3.9% 2021

3.6% 2022

3.8% 2023

4.7% 2024

5.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

Similar For Rent Nearby

Office Space with Private Offices

4746 11th Avenue NE, Seattle, WA 98105

$28 SF/Yr

3,500 sqft

View details

Creative Loft Office Suite

2012 NW Market St, Seattle, WA 98107

$1,938/Mo

5,568 sqft

View details

Ground-Floor Retail Storefronts

201 16th Avenue, Seattle, WA 98112

$28 SF/Yr

800 sqft

View details

End-Cap Retail Suite

9233 Holman Road Northwest, Seattle, WA 98117

$34 SF/Yr

1,222 sqft

View details

Open-Plan Retail Space

2225 California Avenue Southwest, Seattle, WA 98116

$35 SF/Yr

631 sqft

View details

Office Suite for Lease

5701 1st Ave S, Seattle, WA 98108

$21 SF/Yr

4,846 sqft

View details

Belltown Retail or Office Space

2211 3rd Ave, Seattle, WA 98121

$23.45 SF/Yr

2,712 sqft

View details

Magnolia Village Retail and Office

3410 West McGraw Street, Seattle, WA 98199

$18 SF/Yr

4,815 sqft

View details

Ground-Floor Hooded Restaurant Suite

3208 Rainier Ave S, Seattle, WA 98144

$30 SF/Yr

1,600 sqft

View details

Efficient Office Suite

5224 Wilson Ave S, Seattle, WA 98118

$3,500/Mo

1,600 sqft

View details

Flex Space with Grade-Level Loading

1112 NW 52nd St, Seattle, WA 98107

$3,724/Mo

17,454 sqft

View details

Union Street Office Space Available

500 Union St, Seattle, WA 98101

$8,556/Mo

2,702 sqft

View details

Similar Off Market Nearby

• Fleurish — 1818 E Madison St, Seattle, WA 98122
• flowers 4 Gift Seattle — 300 15th Ave E, Seattle, WA 98112
• Flowers on 15th — 515 15th Ave E, Seattle, WA 98112
• Megan Mary Olander Flowers — 1911 E Aloha St, Seattle, WA 98112

Frequently Asked Questions

What type of property is this?

Storefront property - Newly renovated corner storefront with exposed wood beams, brick, and sliding storefront windows.

Where is this storefront property located?

The property is located at 1509 E Mercer St Seattle, WA.

What is the lease rate?

The lease rate is $40 SF/Yr.

What are key features of this property?

This property features: Newly renovated corner storefront in a character‑rich building on Capitol Hill’s 15th Ave E; Storefront features exposed wood beams, columns, brick, concrete floors, and sliding storefront windows; Designed storefront by SkB Architects