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    1404 12Th Ave Seattle, WA 98144

    For Lease
    $45 SF/Yr ($8,115 /Mo)

    Prime retail space in the heart of Capitol Hill.

    Property size:
    2,164 SF
    Lot size:
    0.26 Acres

    Property Features for 1404 12Th Ave

    General Information

    Size
    2,164 SF
    Lot size
    0.26 Acres

    Source: Kidder Mathews Agent Kelly Gaddis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Capitol Hill Corner Retail Space

    This retail space is located in the heart of Capitol Hill’s Pike/Pine corridor. Situated on a highly visible corner, the space is on the street level of Trace Condos & Lofts, a converted vintage warehouse with 42 residential units above the ground-floor retail. The existing buildout is suited for a coffee, bakery, or café concept, featuring exposed ceilings and southwest-facing windows that provide natural light and street presence. Building co-tenants include Tavern Law, Mint and Martini, La Cha-Bliss Wine Shop, and REX Pet Grooming. The surrounding neighborhood includes restaurants and retailers such as Osteria La Spiga, Maserati of Seattle, Katsu Burger, Elysian Brewery, and Bateau. The location benefits from daytime, evening, and weekend traffic due to residential density and proximity to Seattle University, Seattle Academy, and First Hill medical centers. The property has a size of 2164 square feet.
    Location Intelligence

    Current Use by Public Records

    barre3 Gym

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3165734
    Latitude
    47.613147

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in the heart of Capitol Hill.
    Where is this retail space located?
    The property is located at 1404 12Th Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible corner location in the heart of Capitol Hill's Pike/Pine corridor.; - Ideal buildout for coffee, bakery, or café concept with character and charm.; - Located in Trace Condos & Lofts, a building with 42 residential units, providing built-in customer base.
    (206) 332-1470
    Request Owner's contact information
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    Seattle, WA 98144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1404 12Th Ave Seattle, WA 98144
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