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    9 Mercer St Seattle, WA 98109

    For Lease
    $38 SF/Yr ($3,166 /Mo)

    1,000 SF Retail Space, Lower Queen Anne, Seattle

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,000-square-foot storefront retail space is ideally situated in Seattle's vibrant Lower Queen Anne neighborhood at 9 Mercer St, zip code 98109. Located in King County, Washington, this single-tenant property offers a fantastic opportunity for a variety of retail businesses. The entire 1,000 square feet is currently vacant and ready for immediate occupancy. The property's classification is retail storefront, making it perfect for businesses needing direct street-level access and high visibility. Its location in Lower Queen Anne provides excellent access to a dense population and high foot traffic. The property is easily accessible via various transportation methods, making it convenient for both customers and employees. This is a rare opportunity to secure a well-positioned retail space in a thriving Seattle neighborhood. The property is available for lease and presents a unique chance to establish or expand a retail presence in a highly desirable area. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. The property's address is 9 Mercer St, Seattle, WA 98109.

    Property Features for 9 Mercer St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    3166.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,000 SF
    Rate per SF
    $38

    HighLights

    • 1,000 sq ft retail storefront available for lease at 9 Mercer St, Seattle, WA 98109.
    • Prime location in Lower Queen Anne, offering high visibility and foot traffic.
    • Previously a salon, featuring existing plumbing and back storage.
    • Asking rent: $38/sq ft/year + NNN ($6.58/sq ft/year).
    • Contact broker for showing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3562381
    Latitude
    47.6243906

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    FAQs

    What type of property is this?
    Individual retail property - 1,000 SF Retail Space, Lower Queen Anne, Seattle
    Where is this individual retail property located?
    The property is located at 9 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: 1,000 sq ft retail storefront available for lease at 9 Mercer St, Seattle, WA 98109.; Prime location in Lower Queen Anne, offering high visibility and foot traffic.; Previously a salon, featuring existing plumbing and back storage.
    Request Owner's contact information
    9 Mercer St Seattle, WA 98109
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    Seattle, WA 98109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Mercer St Seattle, WA 98109
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