Seattle, WA Commercial Real Estate for Lease and Sale

Explore 1,019 listings of Seattle commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Securities Building

1904 3rd Avenue, Belltown, Seattle, WA
Property

Retail

161,180 SF
Availability

2 Spaces

4,758 SF
Year Built

1913
For Lease

$28.00 - $36.00/SF/YR
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Queen Anne Medical/Dental Space

1905 Queen Anne Ave N, West Queen Anne, Seattle, WA
Property

Office

11,640 SF
Availability

1 Space

2,231 SF
Year Built

2000
For Lease Contact for pricing
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West 8th

2001 8th Avenue, Belltown, Seattle, WA
Property

Office

516,985 SF
Availability

20 Spaces

417,038 SF
Year Built

2009
For Lease Contact for pricing
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Marlowe & Ascent

1145 Republican Street, South Lake Union, Seattle, WA
Property

Multi-Family

234,039 SF
Availability

1 Space

1,687 SF
Year Built

2018
For Lease

$32.00/SF/YR
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1800 Terry Avenue: Seattle Vault Storage

1800 Terry Avenue, Belltown, Seattle, WA
Property

Mixed Use

76,860 SF
Availability

2 Spaces

5,000 SF
Year Built

1964
For Lease Contact for pricing
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901 Fifth

901 5th Avenue, Seattle Central Business District, Seattle, WA
Property

Office

540,589 SF
Availability

25 Spaces

254,255 SF
Year Built

1973
For Lease Contact for pricing
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2601elliott

2601 Elliott Avenue, Central Waterfront, Seattle, WA
Property

Office

345,000 SF
Availability

6 Spaces

354,900 SF
Year Built

1998
For Lease Contact for pricing
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R.D. Merrill Building

1938 Fairview Avenue East, Eastlake, Seattle, WA
Property

Office

35,515 SF
Availability

1 Space

4,692 SF
Year Built

2000
For Lease

$36.00/SF/YR
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1505 5th Avenue

1505 5th Avenue, Seattle Central Business District, Seattle, WA
Property

Office

87,822 SF
Availability

5 Spaces

14,467 SF
Year Built

1926
For Lease Contact for pricing
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Waterfront Place

1011 Western Ave, Central Waterfront, Seattle, WA
Property

Retail

329,398 SF
Availability

7 Spaces

18,809 SF
Year Built

1983
For Lease

$30.00 - $40.00/SF/YR
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SODO 4th Ave. S.

3211 4th Ave. South, Harbor Island-Industrial District, Seattle, WA
Property

Retail

15,000 SF
Year Built

1984
For Sale Contact for pricing
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200 West Thomas

200 West Thomas Street, Lower Queen Anne, Seattle, WA
Property

Office

65,072 SF
Availability

2 Spaces

13,120 SF
Year Built

1974
For Lease Contact for pricing
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Lake City Center

12360 Lake City Way NE, Cedar Park, Seattle, WA
Property

Office

46,038 SF
Availability

2 Spaces

2,448 SF
Year Built

1972
For Lease

$25.00/SF/YR
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Fremont Office Building

744 North 34th Street, Fremont, Seattle, WA
Property

Office

123,332 SF
Availability

4 Spaces

108,783 SF
Year Built

2017
For Lease Contact for pricing
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The Tower Building

1809 7th Avenue, Belltown, Seattle, WA
Property

Office

153,672 SF
Availability

11 Spaces

30,345 SF
Year Built

1930
For Lease

$30.00 - $40.00/SF/YR
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Medical Dental Building

509 Olive Way, Seattle Central Business District, Seattle, WA
Property

Office

297,000 SF
Availability

2 Spaces

5,599 SF
Year Built

1925
For Lease

$30.80 - $42.50/SF/YR
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4015 Airport Way South

4015 Airport Way South, Harbor Island-Industrial District, Seattle, WA
Property

Industrial

2,000 SF
For Sale

$800,000
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Northway Square West

10700 Meridian Avenue North, North College Park, Seattle, WA
Property

Office

83,361 SF
Availability

9 Spaces

30,786 SF
Year Built

1981
For Lease

$36.00/SF/YR
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Des Moines Creek Business Park - Bldg 1A

2341 S 208th St, North Central Des Moines, Des Moines, WA
Property

Industrial

157,204 SF
Availability

1 Space

32,252 SF
Year Built

2015
For Lease Contact for pricing
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19944 Ballinger Way NE

19944 Ballinger Way NE, Ballinger, Seattle, WA
Property

Office

13,236 SF
Availability

1 Space

1,560 SF
For Lease

$22.00/SF/YR
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Meridian Center

10303 Meridian Ave N, North College Park, Seattle, WA
Property

Office
Availability

1 Space

1,456 SF
Year Built

1983
For Lease Contact for pricing
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1101 Westlake

1101 Westlake Avenue North, Westlake, Seattle, WA
Property

Office

151,606 SF
Availability

3 Spaces

65,600 SF
Year Built

2016
For Lease Contact for pricing
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Westlake Building

320 Westlake Avenue North, South Lake Union, Seattle, WA
Property

Office

184,643 SF
Availability

1 Space

1,917 SF
Year Built

2006
For Lease

$55.00/SF/YR
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Southcenter Place

16400 Southcenter Pkwy, Tukwila, WA
Property

Office

64,725 SF
Availability

2 Spaces

3,703 SF
Year Built

1979
For Lease

$32.00/SF/YR
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TwoPine

1601 2nd Avenue, Pike Market, Seattle, WA
Property

Office

132,998 SF
Availability

2 Spaces

103,822 SF
Year Built

1961
For Lease Contact for pricing
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400 University @ Rainier Square

400 University Street, Seattle Central Business District, Seattle, WA
Property

Office

122,000 SF
Availability

5 Spaces

54,875 SF
Year Built

2021
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Seattle commercial real estate market incorporates 71,259,832 square feet of office space across 532 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Seattle, the coworking segment of the commercial real estate market incorporates about 9,739 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Seattle commercial real estate market includes 18,352,385 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Seattle market, there is a total of 9,178,364 square feet of industrial property.

The listing inventory in Seattle incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Seattle is represented by Office space, which accounts for 24,945,180 square feet of available listings. Industrial space available in Seattle adds up to 3,382,740 square feet.

Meanwhile, most of the listings of commercial property for sale in Seattle are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Seattle is $29.46 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Seattle can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $43.15 per square foot, industrial space in Seattle saw average rents of $18.14 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Seattle, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Seattle is in the Seattle Central Business District neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Seattle Central Business District area.

Meanwhile, retail space opportunities are most abundant in the Seattle Central Business District submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Harbor Island-Industrial District.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $42 per square foot. In particular, the property type commanding the highest lease rates in Seattle was Office space.

Conversely, the highest sale price last year was $11,110,000 that is located at 5200 Southcenter Blvd.

The average size of a commercial property in Seattle depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Seattle, the average size of an office property is 159,063 square feet.
Retail properties here incorporate an average of 82,298 square feet.
Industrial space in Seattle is in buildings that are, on average 69,011 square feet in size.

Seattle, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Seattle currently add up to 5,734,340,515 square feet. The market offers 493 active office listing(s), which amount to 24,945,180 square feet and account for 52% of commercial spaces on the market. Local retail availability includes 1,362,913 square feet across 291 retail space(s). Industrial space for rent opportunities in Seattle amount to 3,382,740 square feet across a total of 131 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	493	24,945,180
Retail	291	1,362,913
Industrial	131	3,382,740
Other	28	5,704,649,682

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Seattle, WA. Currently, there is 2,665,969 square feet of commercial property for sale here , which includes 38 office building(s) for sale , 15 retail investment opportunity listing(s) , and 20 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	38	693,011
Retail	15	178,755
Industrial	20	756,844
Other	53	1,037,359

Seattle, WA Commercial Real Estate Market Overview

As the largest city in Washington state, Seattle boasts a diverse economy, with manufacturing, maritime trade, life sciences health and information technology being some of its key industries. Emerald City’s thriving economy — the 11th-largest in the U.S. by gross metropolitan product — ensures that all commercial asset classes see healthy demand here.

From a logistical standpoint, the city benefits from outstanding opportunities. For instance, it’s home to the port of Seattle — the eighth-largest port in the U.S. by cargo capacity — and it also hosts the Seattle-Tacoma International Airport, the largest in the Pacific Northwest region. These transportation hubs — alongside a good road transportation network — ensure that the city is well-connected to the rest of the region and the nation.

The bulk of the city’s commercial real estate market can be found in its central business district, which hosts a number of large organizations. Fortune 500 companies such as Amazon, Starbucks, Nordstrom, the Weyerhauser timberland company and freight forwarder Expeditors International of Washington all have their corporate headquarters in Seattle.

Seattle, WA Commercial Real Estate for Lease and Sale

Securities Building

Queen Anne Medical/Dental Space

West 8th

Marlowe & Ascent

1800 Terry Avenue: Seattle Vault Storage

901 Fifth

2601elliott

R.D. Merrill Building

1505 5th Avenue

Waterfront Place

SODO 4th Ave. S.

200 West Thomas

Lake City Center

Fremont Office Building

The Tower Building

Medical Dental Building

4015 Airport Way South

Northway Square West

Des Moines Creek Business Park - Bldg 1A

19944 Ballinger Way NE

Meridian Center

1101 Westlake

Westlake Building

Southcenter Place

TwoPine

400 University @ Rainier Square

Frequently Asked Questions

Seattle, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Seattle, WA Commercial Real Estate Market Overview

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Seattle, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Seattle, WA?

What factors affect the price of commercial real estate in Seattle, WA?

What is the average rent for commercial space in Seattle, WA?

What are the best areas for commercial real estate in Seattle, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Seattle, WA?

Seattle, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Seattle, WA Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us