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    1009-1011 Western Ave Seattle, WA 98104

    For Lease
    $30 SF/Yr ($11,797 /Mo)

    Prime retail space in a high-traffic Seattle waterfront location.

    Property size:
    4,719 SF
    Lot size:
    0.83 Acres

    Property Features for 1009-1011 Western Ave

    General Information

    Size
    4,719 SF
    Lot size
    0.83 Acres

    Source: Gibraltar, LLC Agent Laura Miller

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

    Overview

    Seattle Waterfront Retail Space Available

    Located in the Waterfront Place mixed-use building, this retail space occupies a corner at the intersection of Western Avenue and Madison Street. The property features large storefront windows providing abundant natural light. Ceiling heights range from 8'5" to 17'5". The space is suitable for cafe-style food service, a brew pub, a grab-and-go deli, or a coffee shop. It offers the ability to install a type 2 hood for light food and beverage uses and includes an in-suite restroom. The property has direct access to a newly renovated office lobby. The building is situated on a full city block fronting Seattle's transformed Waterfront, three blocks north of Pike Place Market and three blocks south of the historic Pioneer Square district, with sports stadiums within walking distance. A new cruise ship terminal is planned within blocks of the property. The property size is 4719 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Spa & Massage Hair Salon Restaurant Dental Office Nail Salon Daycare Center Building Supply Auto Repair Shop 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
    -122.3378736
    Latitude
    47.6044426

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in a high-traffic Seattle waterfront location.
    Where is this retail space located?
    The property is located at 1009-1011 Western Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Unmatched waterfront location with high foot traffic.; - Ideal for cafe, brew pub, deli, or coffee shop.; - Large storefront windows and abundant natural light.
    (206) 351-3573
    Request Owner's contact information
    1009-1011 Western Ave Seattle, WA 98104
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    Seattle, WA 98104
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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
    1009-1011 Western Ave Seattle, WA 98104
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