Spaces For Lease

at 513 1st Ave N Contact us

Mixed Use Property | Commercial Retail 1st Floor

Size

1,059 SF

Type

RETAIL

Rate

Contact for pricing

Lease Type

GROSS

Availability

AVAILABLE

Niwa Apartments Commercial Space – Urban Connectivity, Modern Infrastructure Positioned... at 513 1st Avenue North in Lower Queen Anne, this 1,059 SF ground-floor commercial space delivers a compelling value proposition for businesses seeking a dynamic Seattle location with measurable operational advantages. The street-facing configuration maximizes visibility and customer engagement – a strategic asset for retail operations, wellness concepts, professional services, or hospitality establishments requiring consistent foot traffic conversion. The flexible layout accommodates diverse business models including boutique retail, creative offices, cafés, fitness studios, or service-oriented businesses targeting Lower Queen Anne's affluent, educated demographic. The property's location offers significant competitive advantages: immediate proximity to Seattle Center and Climate Pledge Arena generating year-round event traffic; direct access to South Lake Union's tech corridor with thousands of daily commuters; superior public transportation infrastructure including multiple Metro transit lines; and exceptional walkability scores facilitating customer visits and employee commutes. The surrounding business ecosystem includes established dining destinations, complementary retail, and dense residential population within the Niwa Apartments and neighboring buildings creating built-in customer traffic. The neighborhood's mixed-use character supports both daytime professional activity and evening/weekend commerce driven by entertainment venues and cultural attractions. This commercial space represents a strategic real estate decision: proven urban village performance, modern building infrastructure, and access to Seattle's most connected demographic supporting long-term business growth objectives.

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Listing Agency: AGM Real Estate Group LLC Show Phone

Listed By: Alec Gessel Show Phone

Source: Moodyscre

Added: Nov 7, 2025 Changed: Sep 12 Last Checked: Sep 15 at 8:51AM

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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 AGM Real Estate Group LLC

Investment Insights

Based on property information with market context.

This ground-floor commercial space is street-facing and totals 1,059 SF, offering a configuration designed for high customer interaction at street level. The space is presented as flexible for a range of concepts, including retail, wellness, professional services, and hospitality-style uses.

Located at 513 1st Ave N in Seattle’s Lower Queen Anne, the property is positioned near Seattle Center and Climate Pledge Arena, supporting year-round event-driven activity. It also provides direct access to South Lake Union’s tech corridor and is described as served by multiple Metro transit lines, with an emphasis on walkability for customers and employees.

With a built-in, mixed-use setting that includes nearby dining and dense residential activity around the Niwa Apartments and neighboring buildings, the space is aimed at businesses that benefit from consistent foot traffic throughout the day and into evenings and weekends.

Key Highlights

• 1,059 SF ground‑floor retail space with street‑facing visibility
• Address: 513 1st Ave N, Seattle, WA 98109 in Lower Queen Anne
• Positioned near Seattle Center and Climate Pledge Arena for year‑round event traffic

Property Analytics

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Current Use

Niwa Apartments Apartment Complex Diamond Nails Nail Salon

Suggested Use

Top Pick Electrical Service Butcher (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Adult Day Care

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

3,352

Businesses Nearby

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

$28.4 /SF/Yr

Avg Asking Price

$12–$53 /SF/Yr

Price Range

5,201 SF

Avg Space Size

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

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

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Frequently Asked Questions

What type of property is this?

Retail space - Ground-floor retail with street-facing visibility in Seattle's Lower Queen Anne, suited for service, wellness, or dining.

Where is this retail space located?

The property is located at 513 1st Ave N Seattle, WA.

What are key features of this property?

This property features: 1,059 SF ground‑floor retail space with street‑facing visibility; Address: 513 1st Ave N, Seattle, WA 98109 in Lower Queen Anne; Positioned near Seattle Center and Climate Pledge Arena for year‑round event traffic