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405 University St, Seattle, WA 98101

Boutique office suites located on the 12th floor of the historic Fairmont Olympic Hotel in downtown Seattle.

Space Size792 SF
Days on Market118

Property Features for 405 University St

General Information

Standard status Active
Size 792 SF
Net Rentable 102 SF
Property subtype OFFICE

Space & Availability

Available Space 102-400 SF
Floor 12
Space Use Office

Spaces For Lease

at 405 University St Contact us

Boutique Office Space in Landmark Hotel

Size
792 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
GROSS
Availability
AVAILABLE, Now
Position your business at one of Seattle’s most iconic addresses. The Olympic Suites,...
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Listing Agency: West Coast Commercial Realty, LLC
Listed By: Tiffini Cox · License #18739
Source: Moodyscre
Added: Apr 23 Changed: Aug 8 Last Checked: Aug 17 at 3:07PM

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 West Coast Commercial Realty, LLC

Investment Insights

Based on property information with market context.

The Olympic Suites offer boutique office units positioned on the 12th floor of the historic Fairmont Olympic Hotel at 405 University St in downtown Seattle. These suites are designed for small private businesses and support professional work alongside client-facing meetings and entertaining.

Suites within the Olympic Suites are available in sizes from +/- 102 SF to 400 SF, providing options for a range of small office needs. The setting pairs an elevated workplace environment with the service, prestige, and amenities associated with a AAA Four-Diamond destination.

For businesses looking to establish a professional presence in one of Seattle’s most recognizable landmarks, the Olympic Suites combine an office-ready layout with a hospitality-forward setting that can support day-to-day work and recurring client interactions.

Key Highlights

  • Boutique office suites on the 12th floor of the historic Fairmont Olympic Hotel
  • Located at 405 University St in downtown Seattle
  • Suites available from +/- 102 SF to 400 SF

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Butcher Electrical Service

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

23,506
Businesses Nearby

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

$28.39 /SF/Yr
Avg Asking Price
$4.18–$53 /SF/Yr
Price Range
12,392 SF
Avg Space Size

Vacancy Rate% for Office in Seattle, WA

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Boutique office suites located on the 12th floor of the historic Fairmont Olympic Hotel in downtown Seattle.
Where is this office units located?
The property is located at 405 University St Seattle, WA.
What are key features of this property?
This property features: Boutique office suites on the 12th floor of the historic Fairmont Olympic Hotel; Located at 405 University St in downtown Seattle; Suites available from +/- 102 SF to 400 SF
(206) 283-5212 Call to check price and availability
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