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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 1St Ave Seattle, WA 98109

81,053 SF
Property ID
Property summary
AI-generated overview

Queen Anne Marketplace, a premier Seattle shopping center at Mercer St. & 1st Ave (98109), offers exceptional retail opportunities. This King County property boasts 81,053 total square feet, with 20,203 square feet currently vacant. Spaces range from a minimum of 634 square feet to a maximum contiguous space of 19,569 square feet, providing flexibility for various business needs. The center features 74 parking spaces, a significant advantage in this high-demand area. Anchored by Metropolitan Market and Bartell Drugs, Queen Anne Marketplace benefits from strong, high-performing tenants and enjoys a strategic location within the affluent Queen Anne neighborhood, close to South Lake Union and downtown Seattle. The property's 3-mile demographic boasts a dense, highly educated population. Its proximity to Seattle Center, Amazon.com Headquarters, and the Gates Foundation further enhances its desirability. This is a rare opportunity to secure retail space in one of Queen Anne's most sought-after shopping centers, offering free parking and a vibrant, established customer base. The property is classified as a shopping center and is a multi-tenant building.

Property profile
Verified
Property type Lifestyle centers
Total area 81,053 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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