Seattle Retail and Gas
For Sale
Contact for pricing
Pending
101 NE 50th St, Seattle, WA 98105
Legacy corner asset with retail, gas station, and redevelopment potential.
Property Size4,057 SF
Days on Market161
Property Features for 101 NE 50th St
General Information
Standard status
Pending
Size
4,057 SF
Class
B
Total Parking Spaces
19
Property subtype
Business for Sale, Land, Mixed Use, Multifamily, Retail
Zoning
NC1-40 (M)
Occupancy
100%
Lease Type
NNN
Net Operating Income
$195,984
Building Details
Year Built
1987
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Linc Properties
(425) 455-3131
Listed By:
Brian Leibsohn · License #18848
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Aug 11 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linc Properties
Investment Insights
Based on property information with market context.
This legacy corner asset, known as 50th Street Plaza, presents a rare opportunity. It is located at the intersection of two desirable Seattle neighborhoods. The property has been a retail and gas station since 1965. The current improvements were constructed in 1987. The existing leases for the 7-Eleven and Salon expire in June 2030, providing stable near-term income. The property is zoned NC-140 (M), allowing for potential long-term multifamily or mixed-use redevelopment, aligning with Seattle’s urban density and transit-oriented growth initiatives. The property size is 4057 square feet.
Key Highlights
- Prime corner location at the intersection of two desirable Seattle neighborhoods.
- Significant long‑term multifamily/mixed‑use redevelopment potential due to NC‑140 (M) zoning.
- Stable near‑term income from existing 7‑Eleven and Salon leases expiring in June 2030.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,574
Businesses Nearby
Explore this area
Business Placement
Demographics for 98105, WA
49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value
Market
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Legacy corner asset with retail, gas station, and redevelopment potential.
Where is this gas station located?
The property is located at 101 NE 50th St Seattle, WA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Prime corner location at the intersection of two desirable Seattle neighborhoods.; Significant long‑term multifamily/mixed‑use redevelopment potential due to NC‑140 (M) zoning.; Stable near‑term income from existing 7‑Eleven and Salon leases expiring in June 2030.
