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    1015 3Rd Ave Seattle, WA 98119

    For Lease
    $35 SF/Yr ($11,345 /Mo)

    3,890 SF retail space at a hard corner location.

    Property size:
    3,890 SF
    Lot size:
    0.61 Acres

    Property Features for 1015 3Rd Ave

    General Information

    Size
    3,890 SF
    Lot size
    0.61 Acres

    Source: Integrated Real Estate Service Agent Bowen Peck

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

    Overview

    Retail Space on Third Avenue

    The property at 1023 Third Avenue offers approximately 3,890 square feet of space, situated at the corner of Third Avenue and Spring Street. This location is suitable for various retail concepts, including a cafe, QSR, or specialty food business. The space includes existing food service infrastructure, incorporating mechanical, electrical, and plumbing systems, as well as a Type II Hood Exhaust system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Integrated Real Estate ... Real Estate Agency Cargo Signal Solutions, ... Software Company Expeditors Cargo Insurance ... Insurance Agency Osborn Kevin C Attorney American Carpet & Flooring ... Carpet Wholesaler

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store 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
    -122.3517078
    Latitude
    47.6285671

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    FAQs

    What type of property is this?
    Retail space - 3,890 SF retail space at a hard corner location.
    Where is this retail space located?
    The property is located at 1015 3Rd Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Located at the hard corner of Third Avenue and Spring Street.; - Approximately 3,890 SF of space.; - Substantial food service infrastructure in place.
    (206) 515-0630
    Request Owner's contact information
    1015 3Rd Ave Seattle, WA 98119
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    Seattle, WA 98119
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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
    1015 3Rd Ave Seattle, WA 98119
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