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    452 12Th Ave Seattle, WA 98122

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    For Lease
    $40 SF/Yr ($2,016 /Mo)

    Retail and restaurant spaces near Seattle University, available Summer 2024.

    Property size:
    605 SF
    Lot size:
    0.17 Acres

    Property Features for 452 12Th Ave

    General Information

    Size
    605 SF
    Lot size
    0.17 Acres

    Source: Ewing & Clark Comm'l Brokerage Agent Cameron Kent

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

    Overview

    Retail and Restaurant Space Available

    Retail and restaurant space is available one block from the Seattle University campus on 12th Ave. The building has been restored with a 22-unit apartment addition above, scheduled for completion in Summer 2024. Interiors feature high ceilings, large timber beams, and exposed steel structural bracing. Available spaces include retail spaces of 661 and 605 square feet, and a restaurant space of 1,165 square feet. Both retail and restaurant spaces can be combined. The restaurant space includes a type I hood shaft and a southern-facing operable window. Common restrooms and trash access are available through a corridor behind the spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arada Center Market Grocery Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3165483
    Latitude
    47.6056767

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    FAQs

    What type of property is this?
    Retail space - Retail and restaurant spaces near Seattle University, available Summer 2024.
    Where is this retail space located?
    The property is located at 452 12Th Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: One block from Seattle University campus on 12th Ave.; - New retail/restaurant space in a restored building with a 22-unit apartment addition above.; - Restaurant space includes a Type I hood shaft.
    (206) 838-7737
    Request Owner's contact information
    452 12Th Ave Seattle, WA 98122
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    Seattle, WA 98122
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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
    452 12Th Ave Seattle, WA 98122
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