Back

1 of 10

2 of 10

3 of 10

4 of 10

5 of 10

6 of 10

7 of 10

8 of 10

9 of 10

10 of 10

509 Olive Way
Seattle, WA 98101

$36.00 USD/SF/YR

Medical For Lease • 382+ SF

Property Details

Property Type Medical
Year Built 1925
Total Building Size 363,934 SF
Tenancy Multiple
Building Class A
Zoning DRC 85150, Seattle

100 Transit Score

99 Walk Score

30 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 7	Retail	1,080 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing, with amenities designed to take care of the caregivers working inside Date available: Now Lease term: Negotiable Service type: To Be Determined Built out as: Professional Services Space Type: Relet
3rd Floor Ste 305	Office	9,481 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
3rd Floor Ste 306	Office	728 SF	$36.00 USD/SF/YR
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing, with amenities designed to take care of the caregivers working inside. The Medical Dental Building also offers flexible general office space for businesses looking to take advantage of its superb location and enviable perks. Date available: Now Lease term: Negotiable Service type: Full Service Gross Built out as: Standard Office Space Type: Relet
4th Floor Ste 400	Office	9,000-20,708 SF	Rate Upon Request
https://my.matterport.com/show/?m=6QmwvgQPHiQ A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing, Date available: Now Lease term: Negotiable Service type: To Be Determined Built out as: Standard Office Space Type: Relet
6th Floor Ste 611	Office	2,211 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing Date available: Feb 2025 Lease term: Negotiable Service type: To Be Determined Built out as: Standard Office Space Type: Relet
6th Floor Ste 618	Office	1,154 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing, Date available: Now Lease term: Negotiable Service type: Full Service Gross Built out as: Standard Office Space Type: Relet
6th Floor Ste 634	Office	3,328 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing Date available: Now Lease term: Negotiable Service type: Negotiable Built out as: Standard Office Space Type: Relet
6th Floor Ste 660	Medical Office	413 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing, Date available: Now Lease term: Negotiable Service type: Negotiable Built out as: Standard Office Space Type: Relet
7th Floor Ste 703	Office	1,191 SF	Rate Upon Request
A Seattle landmark for almost 100 years, the Medical Dental Building combines captivating historic architecture and sleek modern spaces to create a place for wellness and healing Date available: Now Lease term: Negotiable Service type: To Be Determined Built out as: Standard Office Space Type: Relet
7th Floor Ste 728	Office	629 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
7th Floor Ste 729	Medical Office	899 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
8th Floor Ste 807	Office	1,238 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet In Contiguous block: 2,723 SF
8th Floor Ste 817	Office	1,485 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: Negotiable Space Type: Relet In Contiguous block: 2,723 SF
8th Floor Ste 836	Office	783 SF	$36.00 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
10th Floor Ste 1002	Office	382 SF	Rate Upon Request
Date available: Feb 2025 Lease term: Negotiable Service type: To Be Determined Space Type: Relet
10th Floor Ste 1003	Office	764 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
11st Floor Ste 1154	Medical Office	408 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
12nd Floor Ste 1201	Office	1,109 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
12nd Floor Ste 1221	Medical	1,616 SF	$36.00 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
12nd Floor Ste 1240	Office	953 SF	$36.00 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
12nd Floor Ste 1242	Medical	3,016 SF	Rate Upon Request
Former dental space. Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
12nd Floor Ste 1259	Office	904 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
13rd Floor Ste 1342	Office	1,292 SF	$36.00 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
13rd Floor Ste 1349	Medical Office	1,257 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
14th Floor Ste 1435	Medical Office	617 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
14th Floor Ste 1454	Medical Office	2,611 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
15th Floor Ste 1501	Medical	1,111 SF	$36.00 USD/SF/YR
Medical or Dental user. Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
15th Floor Ste 1532	Office	588 SF	Rate Upon Request
Date available: Now Lease term: Negotiable Service type: To Be Determined Space Type: Relet
16th Floor Ste 1607	Office	5,769 SF	$36.00 USD/SF/YR
Date available: Now Lease term: Negotiable Service type: Full Service Gross Space Type: Relet
16th Floor Ste 1658	Medical Office	504 SF	Rate Upon Request
Date available: 120 Days Lease term: Negotiable Service type: To Be Determined Space Type: Relet

Description

509 Olive Way is an 18-story historic landmark at 509 Olive Way in Downtown Seattle. The building is designed to offer outstanding commuter access and elegant amenities.

A gracious streetscape, renovated lobby, and elegantly appointed common areas provide convenience to tenants and visitors. Numerous on-site amenities include a fitness facility with showers and locker rooms, an executive conference room, laundry rooms, secure parcel delivery lockers, a secure lab pickup room, a pharmacy, a café, and a market. A winter garden common area lounge on the third floor is perfect for informal gatherings, lunches, and meetings.

Various office suites are available in multiple sizes and configurations, perfect for creative office or professional medical uses. Market-ready suites have been upgraded with new paint, carpet, and kitchenettes, suitable for tenants looking for move-in-ready space. An available first-floor retail space built-out for food service, complete with a walk-in cooler, freezers, and an exhaust hood, faces busy Sixth Avenue.

Located on a half block at the corner of Olive Way and 6th Avenue, the MD Building sits adjacent to Nordstrom's flagship store and is flanked by Pacific Place and Westlake Center shopping malls. Washington State Convention Center, numerous hotels, Pike Place Market, and Amazon are all easily accessible.

Commuting is a breeze, with an on-site garage and valet service. A secured bike storage area with air and tools is available. The property is also served by Sound Transit Link Light Rail and buses, King County Metro, Seattle Center Monorail, and the South Lake Union Streetcar.

Increased broker commissions:
$3.50/square foot for leases under 1,000 square feet
$2.50/square foot for leases over 1,000 square feet

                
                    Highlights
                
                                Historic landmark building offering flexible office suites ideal for several uses, including a creative office and a professional medical office.
                            
                                Served by Sound Transit Link Light Rail and buses, King County Metro, Seattle Center Monorail, and the South Lake Union Streetcar.
                            
                                Discover move-in-ready suites with new paint, carpet, kitchenettes and access to a renovated lobby and elegantly appointed common areas.
                            
                                On-site amenities include a fitness facility with showers and locker rooms, executive conference room, laundry rooms, pharmacy, café, and market.

Property Flyers

MDB - Active Brochure

Green Rating

EnergyStar Yes

Amenities

Fitness Center
Food Service
Property Manager on Site
Energy Star Labeled

Major Tenants

Tenant	SF Occupied	Lease End Date
Associates In Behavioral Health	4,485 SF
Bartell Drugs	4,274 SF
Cedar River Clinics	2,422 SF
Dynamic Chiropractic Clinic	3,000 SF	10/31/2021
Endodontics Seattle	2,257 SF
Gloria E. Tucker, DDS	2,708 SF
Joseph Zimmer Dda	2,434 SF
Seattle Special Dentistry	2,390 SF
The Polyclinic	13,277 SF

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	5 min	-	1.4 mi
Transit/Subway	Drive	Walk	Distance
Westlake Center (Seattle Center Monorail - Seattle Monorail Services (Seattle Monorail))	1 min	1 min	0.1 mi
Westlake Hub (South Lake Union Streetcar - Seattle Streetcar)	0 min	1 min	0.1 mi
Westlake (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder), LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	1 min	2 min	0.1 mi
Westlake Sta Acrd & Tunnel Station-Bay A (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	1 min	2 min	0.1 mi
Westlake & 7Th South (South Lake Union Streetcar - Seattle Streetcar)	0 min	3 min	0.2 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	24 min	-	15.3 mi
Seattle Paine Field International	34 min	-	23.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Brandon Burmeister 425-230-6167 Cushman & Wakefield

509 Olive Way Seattle, WA 98101