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Second-Generation Restaurant Corner Space
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1121 E Pike Street, Seattle, WA 98122

Ground-level restaurant space features a full display kitchen, walk-in cooler, and extensive storefront with roll-up doors.

Space Size4,721 SF
Days on Market94

Property Features for 1121 E Pike Street

General Information

Standard status Active
Size 4,721 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1121 E Pike Street
Prime Corner Built-Out Restaurant Space $38/SF/Yr
Floor 1
Size 4,721 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, On Available Date
Rare opportunity to lease a 2nd generation restaurant space with a Prime corner location at "Main and Main" in the heart of Capitol Hill's Pike/Pine corridor. Located on the ground-level of Agnes Lofts, a 24-unit loft community, 2007 winner of AIA multi-family award, and part of the award-winning Chophouse Row complex. Walk Score of 100! High-visibility location with strong foot traffic. Bring your concept! Full display kitchen with two (2) type 1 hoods (9 ft and 20 ft), walk-in cooler (97"x160"x89"), 16-foot ceilings, fire sprinklers, shared restrooms, HVAC (one 5-ton and one 7.5 ton). 120 linear feet of glass floor-to-ceiling storefront along E Pike and 12th Ave, including 3 glass roll-up doors. Ideal for full service restaurant, bakery or boutique grocer. Available March 1, 2027.
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Listing Agency: Gibraltar, LLC
Listed By: Laura Miller · License #17709
Source: Moodyscre
Added: Jun 30 Changed: Sep 16 Last Checked: Sep 30 at 12:38PM

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 Gibraltar, LLC

Investment Insights

Based on property information with market context.

Available for lease March 1, 2027, this ground-level second-generation restaurant space is located within Agnes Lofts, a 24-unit loft community, and is part of the Chophouse Row complex. The space includes a full display kitchen with two type 1 hoods (9 ft and 20 ft), a walk-in cooler (97" x 160" x 89"), 16-foot ceilings, and fire sprinklers. Shared restrooms are available, along with HVAC consisting of one 5-ton and one 7.5-ton unit.

The unit offers substantial visibility with 120 linear feet of glass floor-to-ceiling storefront along E Pike and 12th Ave, including three glass roll-up doors. The property is described as having a Walk Score of 100 and is positioned at a prime corner location in the Pike/Pine corridor at 1121 E Pike Street, Seattle, WA 98122.

The existing improvements are well suited to a full-service restaurant concept and also align with bakery or boutique grocer operations, based on the provided property description.

Key Highlights

  • Ground‑level restaurant space in Agnes Lofts (24‑unit loft community) with full display kitchen and shared restrooms
  • Full display kitchen includes two type 1 hoods (9 ft and 20 ft) plus a walk‑in cooler (97"x160"x89")
  • 16‑foot ceilings, fire sprinklers, and HVAC with one 5‑ton unit and one 7.5 ton unit

Property Analytics

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Current Use

Bai Tong Thai ... Restaurant VAIN Hair Salon Red X Hair ... Hair Salon

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Catering Service Pet Store & Service Butcher Pet Store

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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

17,504
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98122, WA

41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground-level restaurant space features a full display kitchen, walk-in cooler, and extensive storefront with roll-up doors.
Where is this conventional restaurant located?
The property is located at 1121 E Pike Street Seattle, WA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Ground‑level restaurant space in Agnes Lofts (24‑unit loft community) with full display kitchen and shared restrooms; Full display kitchen includes two type 1 hoods (9 ft and 20 ft) plus a walk‑in cooler (97"x160"x89"); 16‑foot ceilings, fire sprinklers, and HVAC with one 5‑ton unit and one 7.5 ton unit
(206) 351-3573 Call to check price and availability
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