217 James St
Seattle WA 98104

Drexel Building

217 James St Seattle WA 98104

Listing #: 710501 | Status: Available | Last Modified: 6/24/2026 |

For Lease
Michael Norman
  • Phone:(206) 957-8750
  • Email:miken@samis.com
  • Office Name:Samis Land Co.
  • Office Phone:(206) 682-9393
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Min Rent per SF$ 24.0
  • Max Rent per SF$ 24.0
  • Total Monthly Rent$ 2,900.0
  • Lease TypeNNN
  • NNN Expense$ 14.6
  • Listing StatusAvailable
  • Days on Market111
  • Asset ClassRetail
Space Information
  • Suite/Space Info521 3rd Ave
  • Currently Vacant
  • Frontage
  • Available SF1450
  • Divisible To1450
  • Floor Number
  • Sub Lease Terms
  • Availability Status
  • Date Available
  • Move In Terms
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units6
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF19140
  • Net Rentable Area7262
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF6534
  • Acres0.15
Property Type
  • Property TypeRetail
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description3rd Avenue and James Street
  • Second Address519 3rd Avenue
  • Cross Street3rd Avenue
  • Market AreaPioneer Square
  • Tax ID #0939000035
  • Additional Parcels
  • ZoningPSM-100/100-120
Construction
  • Year Built1900
  • Year Renovated2011
  • Completion Date
  • Roof TypeFlat
  • Construction TypeBrick, Masonry

521 3rd Ave

Public Comments

Rare opportunity to lease a fully built-out restaurant space on 3rd Avenue, directly across from the King County Courthouse. This 1,450 SF ground floor space features high ceilings, large wood-framed storefront windows, and a fully equipped commercial kitchen with a large Type 1 hood, ready for immediate restaurant operations. Located in an urban, character-rich section of downtown, the property benefits from steady daytime foot and vehicle traffic generated by courthouse employees, visitors, and nearby government offices. Surrounding businesses include restaurants, coffee shops, hotels, and service-oriented offices, providing excellent exposure for new restaurant concepts. Ground Floor Area: 1,450 RSF Lease Type: Triple Net (NNN) — tenant responsible for base rent plus operating expenses, excluding utilities Rental Rate: $24/SF/year base rent + $14.56/SF/year NNN (estimated), totaling approx. $4,659/month Availability: With 30–60 days’ notice Building Features: Turn-of-the-century brick construction with historic character, high ceilings, large windows, and street-level entry This space is ideal for an established or up-and-coming restaurant operator looking for a highly visible location near Seattle’s courthouse corridor. Please contact listing office for more information or to arrange a tour.

Public Building Comments

The Drexel Building is a Seattle historic landmark building once known as the Drexel Hotel. It is located at the corner of Third and James, across the street from the King County Courthouse and the Metro Bus Tunnel. The Drexel experiences heavy foot traff

Listing Images