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Seattle Retail Building on 15th
For Sale
Contact for pricing
Pending

11552 15th Ave NE, Seattle, WA 98125

Retail building with development potential in Northgate, Seattle.

Property Size5,656 SF
Lot Size0.37 Acres
Days on Market136

Property Features for 11552 15th Ave NE

General Information

Standard status Pending
Size 5,656 SF
Lot size 0.37 Acres
Property subtype Retail
Listing Agency: Victory Lane Brokerage
Listed By: Victor Hernandez · License #WA 25220
Source: Crexi
Added: Apr 12 Changed: Aug 13 Last Checked: Aug 25 at 11:45AM

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 Victory Lane Brokerage

Investment Insights

Based on property information with market context.

Located on 15th Avenue NE in Seattle's Northgate area, this property presents a development opportunity. The site includes a 5,656 square foot building with a half-barrel roof, creating a wide-open floor plan. An additional 900 square foot second floor and back-to-back restrooms offer flexible usage options. The property is currently generating income from two retail tenants and a food truck tenant that has been operating for over 10 years. Situated on a 16,259 square foot lot, the building occupies approximately half of the lot, with the remaining area designated for parking. Zoned NC2-55 (M) with flat terrain, the property is suitable for mid-rise development. The location is in a vital part of Northeast Seattle, near malls, theaters, sports arenas, and coffee shops.

Key Highlights

  • Prime development opportunity in Northgate, Seattle, zoned NC2‑55 (M) for mid‑rise construction.
  • Existing cash flow from retail and food truck tenants.
  • Large 16,259 sq ft lot with ample parking space.

Property Analytics

Current Use

MKG MAX10 Fitness ... Gym & Fitness Center MKG Martial Arts, ... Training Center

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility Discount 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.

Location Intelligence

Trade Area within ½ mile

1,350
Businesses Nearby

Demographics for 98125, WA

42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building with development potential in Northgate, Seattle.
Where is this retail space located?
The property is located at 11552 15th Ave NE Seattle, WA.
What are key features of this property?
This property features: Prime development opportunity in Northgate, Seattle, zoned NC2‑55 (M) for mid‑rise construction.; Existing cash flow from retail and food truck tenants.; Large 16,259 sq ft lot with ample parking space.
(206) 261-8206 Call to check price and availability
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