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Second-Generation Restaurant Corner Space
For Lease
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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.

Property Size4,721 SF
Days on Market32

Property Features for 1121 E Pike Street

General Information

Standard status Active
Size 4,721 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Gibraltar, LLC
Listed By: Laura Miller
Source: Moodyscre
Added: Jun 30 Changed: Jul 27 Last Checked: Jul 31 at 12:09PM

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

Current Use

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Butcher Clothing & Fashion 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

11,095
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

Market

Lease Benchmarks for Seattle, WA

$35.3 /SF/Yr
Avg Asking Price
$24–$50 /SF/Yr
Price Range
2,098 SF
Avg Space Size

This space is priced 8% above the average of $35.3 /SF/Yr.

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
Rey
Questions? Ask Rey
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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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