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For Lease

Lumen Building

500 Mercer Street, Seattle, WA 98109

28,323

SF Available

Rental Details

  • Number of spaces 2
  • Total square feet available 28,323 SF
  • For Lease $48.00/SF/YR
  • Space Types Restaurant
  • Lease Type NNN
  • Date Updated Apr 30, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 2 Spaces Available

#2B

  • Space Type Restaurant
  • Lease Rate $48.00/SF/YR
  • Total Space Available 3,035 SF
  • Divisible Space 3,035 - 3,035 SF
  • Available Date Immediate
  • Lease Type NNN
  • Renewal Option Yes
  • Sublease No
  • Build Type Full build out
  • Turnkey Yes

Designed by the well known Seattle firm of Arai, Jackson, Ellison, Murakami this spacious and modern sushi restaurant makes for both a beautiful, functional and spacious layout - with a conveyor system ! inplace ! This 3,035 sqft sits under 30 unit Lumen Condominium’s located Lower-Queen Anne.. Across from the Gates Foundation., Seattle Opera, Pacific Science Center, Memorial Stadium and many, many more attractions, This A-2 classified restaurant, with a type II hood and a lot of equipment in-place that can be structured under the lease. This is as close to a turn-key restaurant as you will find. Few other locations/markets in the Seattle area can boast the local amenities and cultural draw as well as upside potential.

 

broker
Matthew J. Royal

Royal Commercial

broker
Ron Cox

Royal Commercial

#C-200

  • Space Type Restaurant
  • Lease Rate Contact for pricing
  • Total Space Available 25,288 SF
  • Floor 2
  • Divisible Space 25,288 - 25,288 SF
  • Available Date TBD
  • Renewal Option Yes
  • Sublease No

Class A finishes - Gensler Designed....

Direct Street Access/Entrance 

Walk Score = 97 / Bike = 88 / Transit = 82

Mix of private office, open workstation, telecom rooms/booths / team-meets space, conf facilities and presentation area. 

12 vlt lighting with battery backup

Significant exterior Street/building signage

Estimated occupancy 246 with 2 entrances on Roy St and on 5th.  

Food/Coffee/Deli on premises

Adjacent to Gates Foundation, neighbors are Seattle Center Exhibition Hall, Climate Pledge Arena, Seattle Opera, McCaw Hall, Sheridan and Hampton Inn - much, much, more in this Lower Queen Anne neighborhood. 

broker
Matthew J. Royal

Royal Commercial

broker
Ron Cox

Royal Commercial

Contacts

broker
Matthew J. Royal

Royal Commercial

broker
Ron Cox

Royal Commercial

Building Details

  • For Lease $48.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 32,370 SF
  • Lot Size 1.31 Acre
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Date Updated Apr 30, 2026

Getting Around

  • Walk Score ®

    Walker's Paradise (96)
  • Transit Score ®

    Excellent Transit (83)
  • Bike Score ®

    Biker's Paradise (91)
Powered by Walk Score ®

Location

  • City Seattle, WA
  • Neighborhood Lower Queen Anne
  • Zip Code 98109
  • Market Seattle

Points of Interest

Westlake & Thomas

0.47 miles

Terry & Mercer

0.49 miles

Terry & Thomas

0.52 miles

Westlake & 9th-Denny

0.63 miles

Fairview & Campus Drive

0.73 miles

Westlake And 7th

0.80 miles

Westlake Hub

0.93 miles

5th Avenue

1.01 miles

5th Avenue & Pine Street

1.03 miles

76

0.43 miles

Volta

0.49 miles

Electrify America

0.53 miles

Blink

0.63 miles

Greenlots

0.64 miles

EVgo

0.85 miles

ChargePoint

1.24 miles

Morrison's North Star Marine

1.42 miles

Chevron

1.53 miles

Republic Parking

0.15 miles

5th Avenue Garage

0.16 miles

Diamond Parking

0.21 miles

U Park

0.45 miles

First Avenue North Garage

0.45 miles

James Albert Claypool Memorial Garage

0.47 miles

Republic

0.48 miles

Denny Building Garage

0.62 miles

Metropolitan Market

0.36 miles

City Foods

0.48 miles

Safeway

0.49 miles

Whole Foods Market

0.61 miles

Dan's Belltown Grocery

0.74 miles

Metropolitan Deli + Cafe

0.77 miles

Lyon's Grocery

0.92 miles

Trader Joe's

0.92 miles

Westlake Center

0.99 miles

500 Mercer Street Listing Summary

  • The Price for Retail Space at 500 Mercer Street

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 500 Mercer Street, asking rent starts at $$48.00/SF/YR per square foot.

    500 Mercer Street is located in the Lower Queen Anne neighborhood, which is home to a total of 21 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 500 Mercer Street

    The property exclusively contains Restaurant space totaling 28,323 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 500 Mercer Street, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Lower Queen Anne Neighborhood

    500 Mercer Street is located in the Lower Queen Anne neighborhood of Seattle. The Lower Queen Anne retail market offers 21 retail listing(s), representing a total of 67,143 square feet of retail space for lease.

    The most common retail type in the Lower Queen Anne neighborhood is Restaurant, of which the market currently offers 4 space(s). You can also find 1 Street Retail space(s). Additionally, leasing opportunities here include 1 Interior Retail space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Lower Queen Anne resident is 33 years old, and the median household income here is $128,607 per year.

Contact Lumen Building
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