Furnished Restaurant & Bar
For Lease
Contact for pricing
21 Mercer St, Seattle, WA 98109
Fully furnished restaurant and bar with two 12' Type 1 hood suppression systems and multiple dining areas.
Property Size5,000 SF
Days on Market11
Property Features for 21 Mercer St
General Information
Standard status
Active
Size
5,000 SF
Total Parking Spaces
10
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Furnished
Yes
Commercial Hood
Yes
Amenities
exterior porch
cathedral ceilings with skylights
Listing Agency:
Peizer Commercial Real Estate, LLC
(206) 909-3314
Listed By:
Mark Peizer
(206) 909-3314
Source:
Moodyscre
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 30 at 8:01AM
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 Peizer Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This fully furnished restaurant and bar is available for the first time in over three decades. The space includes a central bar, five distinct dining and gaming areas spread across different levels, and cathedral ceilings with skylights centered within the main space. The kitchen is equipped with two 12' Type 1 hood suppression systems.
The property is located at the base of Queen Anne Hill, approximately two blocks from Seattle Center. An exterior rear porch overlooks a private 10-car off-street parking lot.
The property is located at the base of Queen Anne Hill, approximately two blocks from Seattle Center. An exterior rear porch overlooks a private 10-car off-street parking lot.
Key Highlights
- Fully furnished restaurant and bar space available at the base of Queen Anne Hill, two blocks from Seattle Center
- Includes two 12' Type 1 hood suppression systems
- Features a central bar plus five distinct dining and gaming areas on different levels
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,931
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Seattle, WA
$35.3 /SF/Yr
Avg Asking Price
$24–$50 /SF/Yr
Price Range
2,098 SF
Avg Space Size
This space is priced 8% above the average of $35.3 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully furnished restaurant and bar with two 12' Type 1 hood suppression systems and multiple dining areas.
Where is this conventional restaurant located?
The property is located at 21 Mercer St Seattle, WA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Fully furnished restaurant and bar space available at the base of Queen Anne Hill, two blocks from Seattle Center; Includes two 12' Type 1 hood suppression systems; Features a central bar plus five distinct dining and gaming areas on different levels
