0 1St Ave Seattle, WA 98109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.