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Pioneer Square Retail Space Available

101 Yesler Way, Seattle, WA 98104

For Lease
$2,310/Mo

Retail space in Pioneer Square, suitable for QSR or beverage.

Space SizeContact for details
Days on Market294

Property Features for 101 Yesler Way

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Pioneer Square

Building Details

Year Built 1902
Listing Agency: WEST COAST COMMERCIAL REALTY, LLC
Listed By: BLAKE TAYLOR · License WA #104178
Source: Corcoran
Added: Jan 21 Changed: Aug 8 Last Checked: Sep 11 at 4:02AM

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 WEST COAST COMMERCIAL REALTY, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1109 square foot retail space, formerly a Subway, is suitable for light food QSR or beverage businesses. It features an open layout with existing HVAC, electric, and stubbed plumbing, which allows for minimal permitted tenant improvements. The landlord will provide a brand new restroom. The space has ample electricity to facilitate a non-vented convection oven. Located between 1st and Occidental Avenue near Seattle's new waterfront in the Pioneer Square neighborhood. TOASTED Bagels is now open at Olympic Block, and Le Macaron French Pastries is opening soon.

Key Highlights

  • Ideal for light food QSR or beverage business due to 'Warm Vanilla Shell' delivery.
  • Open layout with existing HVAC, electric, and stubbed plumbing minimizes tenant improvement costs.
  • Landlord will provide a brand new restroom.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Banzai (Bike/Boat/Book/etc) Store The Halal Guys Restaurant Meteor Solutions (Bike/Boat/Book/etc) Store Treemo Labs Marketing & Advertising Beckwith Criminal Law Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

19,743
Businesses Nearby

Demographics for 98104, WA

16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.76 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
4,973 SF
Avg Space Size

This space is priced 13% below the average of $28.76 /SF/Yr.

Properties on Market for Retail space in Seattle

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Pioneer Square, suitable for QSR or beverage.
Where is this retail space located?
The property is located at 101 Yesler Way Seattle, WA.
What is the lease rate?
The lease rate is $2,310/Mo.
What are key features of this property?
This property features: Ideal for light food QSR or beverage business due to 'Warm Vanilla Shell' delivery.; Open layout with existing HVAC, electric, and stubbed plumbing minimizes tenant improvement costs.; Landlord will provide a brand new restroom.
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