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Prime Location Warehouse Opportunity
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1516 15th Ave W, Seattle, WA 98119

Warehouse space for lease with high visibility and accessibility.

Space Size3,468 SF - 20,146 SF
Property Size55,250 SF
Days on Market272

Property Features for 1516 15th Ave W

General Information

Standard status Active
Size 3,468 SF - 20,146 SF
Property subtype Industrial

Building Details

Building Size 55,250 SF

Spaces For Lease

at 1516 15th Ave W Contact us

1516 15th Ave W

Size
20,146 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

1524 15th Ave W

Size
3,468 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: NAI Puget Sound Properties Bellevue
Listed By: Bob Swain, CCIM · License #25750
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 20 at 6:04AM

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.

This property presents a lease opportunity on a major commercial corridor, offering street frontage with visibility and accessibility. Situated at the junction of Elliott Avenue West, 15th Avenue West, and West Garfield Street, the location provides access to downtown Seattle, Magnolia, Ballard, and Pier 91. The total available space is 37,671 square feet, suitable for wholesale, retail, industrial, and dead storage purposes. Loading options include both dock-high and grade-level access. The property features 12- to 14-foot clear heights and abundant on-site and street parking. A building remodel is forthcoming. The land area is 55,250 square feet, zoned II U/85 (Industrial Innovation).

Key Highlights

  • Prime location at the junction of major commercial corridors (Elliott Ave W, 15th Ave W, W Garfield St) providing excellent visibility and accessibility.
  • 37,671 SF of available space suitable for Wholesale, Retail, Industrial, and Dead Storage.
  • Dock high and Grade level loading capabilities.**

Property Analytics

Current Use

Parking lot Parking

Suggested Use

Top Pick Building Supply Restaurant Auto Parts Store Real Estate Agency Big Box & Wholesale Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Louis Dreyfus Corporation 955 alaskan way w, seattle, wa 98119
  • City Ice Cold Storage 2001 W Garfield Street #C100 Pier 90 Building 86, 2001 W Garfield St, Seattle, WA 98119
  • Lineage Cityice Cold Storage Seattle, WA 98119, United States
  • Lineage Logistics B390 2001 W Garfield St Pier 91, Building 392, Seattle, WA 98119
  • Near2Me Self Storage Units 1602 15th Ave W, Seattle, WA 98119

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space for lease with high visibility and accessibility.
Where is this warehouse located?
The property is located at 1516 15th Ave W Seattle, WA.
What are key features of this property?
This property features: Prime location at the junction of major commercial corridors (Elliott Ave W, 15th Ave W, W Garfield St) **providing excellent visibility and accessibility**.; 37,671 SF of available space suitable for Wholesale, Retail, Industrial, and Dead Storage.; Dock high and Grade level loading capabilities.**
More about this property
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