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    1191 2Nd Ave Seattle, WA 98101

    For Lease
    $30 SF/Yr

    Built-out restaurant space with top-end equipment in prime location.

    Property size:
    31,847 SF
    Lot size:
    0.80 Acres

    Property Features for 1191 2Nd Ave

    General Information

    Size
    31,847 SF
    Lot size
    0.80 Acres

    Source: Jones Lang LaSalle Agent Joe Gowan

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

    Overview

    Turn-Key Restaurant Space Available

    This turn-key, built-out restaurant space is ideal for quick-serve concepts. It features a built-in salad bar/cold hold station, built-in soup hold, and a hot hold at the service counter, along with a non-vented 6' type 1 hood. The space is fully outfitted with top-end equipment and features dual entry with direct lobby and 2nd Ave entries. An equipment list is available. Located at Second & Seneca, the property features iconic design, impressive amenities, and a prime location steps from the redeveloping waterfront, local restaurants, bars, businesses, arts, and entertainment. The office space is currently anchored by Lululemon and UBER. The new ownership plans substantial renovations to the building's amenity spaces. Building parking is available. The property is suitable for restaurants, retail properties, and turn-key restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Dan Attorney Airbiquity Inc Software Company Cutler Nylander & Hayton Attorney SAGlobal USA Software Company Ms. Mary C ... Counselor

    Suggested Use

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

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

    Similar Places Nearby

    Seattle Food Truck .com, Seattle Corporate Catering by ARISTA, Keiro Northwest, Shooby Doo Catering - Seattle Art Museum, Aramark

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3367371
    Latitude
    47.6061391

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    FAQs

    What type of property is this?
    Restaurant - Built-out restaurant space with top-end equipment in prime location.
    Where is this restaurant located?
    The property is located at 1191 2Nd 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: - Turn-key restaurant space ideal for quick-serve concepts.; - Fully outfitted with **top-end equipment, including salad bar/cold hold, soup/hot hold, and a 6' type 1 hood.**; - Prime location near the redeveloping waterfront, restaurants, bars, and entertainment.
    (206) 607-1738
    Request Owner's contact information
    1191 2Nd Ave Seattle, WA 98101
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    Seattle, WA 98101
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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
    1191 2Nd Ave Seattle, WA 98101
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