1275 Mercer St
Seattle WA 98109
1275 Mercer Street
1275 Mercer St Seattle WA 98109
Listing #: 713826 | Status: Available | Last Modified: 6/29/2026 |
For Sale
- Phone:(206) 518-9567
- Email:billy.sleeth@nmrk.com
- Office Name:Newmark
- Office Phone:(206) 388-3000
- Office Website:www.nmrk.com
- Agent Phone:(206) 518-9604
- Agent Email:kevin.lemond@nmrk.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 00.0
- $/SF$ 00.0
- Listing StatusAvailable
- Days on Market33
- Asset ClassRetail
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF27738
- Net Rentable Area27356
- Total Office SF27356
- Largest Contiguous SF
- Lot SF39249
- Acres0.9
- Property TypeRetail
- Office Type
- Building ClassC
- CountyKing
- Vicinity
- Location Description
- Second Address518 Pontius Ave N
- Cross Street
- Market AreaLake Union
- Tax ID #2925049094
- Additional Parcels2925049039
- ZoningSM-SLU/R65/95
- # Covered Spaces24
- # Uncovered Spaces0
- Total Parking Spots24
- Parking Ratio
- Year Built1928
- Year Renovated2010
- Completion Date
- Roof Type
- Construction TypeMasonry
1275 MERCER
1275 Mercer is a 100% leased, two-tenant covered land play in Seattleās South Lake Union. The Offering caters to passive investors who will benefit from strong in-place cash-flow with minimal management; or active investors/developers who want an A+ development site. The property is anchored by a national credit tenant alongside a local family entertainment operator, with attractive zoning and a massing study for up to 237 residential units (SM-SLU 65/95).
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