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400 Mercer Street
400 Mercer Street, Seattle, WA 98109
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- Property Type Office - General Office
- Property Size 47,977 SF
- Lot Size 0.33 Acre
- Parking Spaces Avail. 55
- Parking Ratio 1.15/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 2019
- City Seattle, WA
- Neighborhood Lower Queen Anne
- Zip Code 98109
- Market Seattle
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Average Actual Rents in Seattle
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Seattle Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $41.40
- 2020 Office Vacancy Rate 10.70%
- 2020 Office Completions (SF) 2,507,003
Seattle Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $848.55
- 2020 Office Sales Volume $1.6B
- 2020 Number of Transactions 12
- Property Tax in 2022 $174,571
- Market Value* $19,771,600
- Assessed Value $19,771,600
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 400 Mercer Street?
400 Mercer Street totals 47,977 square feet.
When was this property built?
400 Mercer Street was built in 2019.
When was 400 Mercer Street last sold?
400 Mercer Street was last sold on 19 Sep, 2016.
What is the property tax for 400 Mercer Street?
The property tax for 400 Mercer Street in 2022 was $174,571.
What is the market value for 400 Mercer Street?
The market value* for 400 Mercer Street in 2022 was $19,771,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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