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    OFF-MARKET
    Specialty properties

    500 Mercer St, Seattle, WA 98109

    32,370 SF Built 2007
    Property ID
    Property summary
    AI-generated overview

    This Class A, 23,391 square foot creative office space is located at 500 Mercer St, Seattle, WA 98109, in the vibrant Lower Queen Anne submarket, close to SLU. Built in 2007 and renovated in 2017, the property boasts a single suite within a larger 32,370 square foot building. The space is ideally suited for a single large tenant seeking a prominent location. Enjoy convenient access to I-5 and Hwy 99, multiple transit lines, and ample street parking. The area offers a wealth of amenities, including numerous restaurants (Bahn Thai, Domino's, The Nabob, and many more), coffee shops (Konvene Coffee-Deli, Starbucks, and more), and retail options. Nearby attractions include Climate Pledge Arena, MoPOP, and the Gates Foundation. The location is also highly walkable, with over 248 apartments, condos, and townhomes within three blocks. The property is zoned SM-UP 85 (M1) and has a King County APN of 445872-0020. This exceptional opportunity offers a blend of modern workspace and unparalleled access to Seattle's dynamic urban core.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2007
    Total area 32,370 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
    Current use
    Occupant on record · Public records
    • American Air Academy Vocational School Training Center
    • Orangetheory Fitness Gym & Fitness Center
    • Pure Barre Gym & Fitness Center
    • Jesus Christ Only TV Church Mosque
    • North Star Marketing Group Consultant
    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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