Lake Union Commercial Real Estate

801 N 34th St - Space Seattle, WA  
Aug 03
43,560
sqft
Office
1100 N 35th St - Space Fremont, Seattle, WA  
Jul 25
8,500
sqft
Office Retail
1100 N 35th St - Space Fremont, Seattle, WA Onsite Parking.
Jul 15
8,500
sqft
Industrial Live/Work Office Retail
Sublease Office Available - Space Wallingford, Seattle, WA  
Jun 07
1,600
sqft
Sublease Office
701 N 34th St - Unit 250 Seattle, WA Close Highway.
Apr 04
30,700
sqft
Office

Lake Union

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
43,560

Compared to the rest of the Seattle Metropolitan Area market, the Lake Union submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Lake Union Listing Supply

In the last 90 days, 107 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the listings in the Lake Union are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 43,560 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1974 and are Class B.

Lake Union Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Lake Union residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lake Union.
Research