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    50 University St Seattle, WA 98101

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    For Lease
    $28 SF/Yr ($4,328 /Mo)

    Highly visible retail space along the new Seattle Waterfront.

    Property size:
    1,855 SF
    Lot size:
    0.41 Acres

    Property Features for 50 University St

    General Information

    Size
    1,855 SF
    Lot size
    0.41 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

    This is an opportunity to lease a highly visible retail space along the new and improved Seattle Waterfront, fronting Alaskan Way. The space is located at the base of Cyrene Apartments, a luxury community comprised of 169 residences. It is ideal for a cafe, restaurant, tap house, or retail business, with the ability to install a ventless type 1 hood. Parking is available at market rate. The property is directly across from Pier 57 and the Seattle Great Wheel, Argosy Cruise Terminal, Waterfront Park, and the Seattle Aquarium. It offers prime access to Pike Place Market, Waterfront Park, the Seattle Art Museum, and a variety of shopping and dining options within walking distance. The property has a size of 1855 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eazytaxes Inc Tax Consultant Cyrene Apartments Apartment Rental Agency Lasting Love Connection Marriage Or Relationship Counselor Elizabeth Baker, JD, ... Legal Services INNER MILEAGE Coaching Life Coach

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3397963
    Latitude
    47.6063695

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail space along the new Seattle Waterfront.
    Where is this retail space located?
    The property is located at 50 University St Seattle, WA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility retail space on the revitalized Seattle Waterfront.; - Located at the base of the luxury Cyrene Apartments (169 residences).; - Directly across from major attractions: Pier 57, Seattle Great Wheel, Argosy Cruise Terminal, Waterfront Park, and Seattle Aquarium.
    (206) 351-3573
    Request Owner's contact information
    50 University St 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
    50 University St Seattle, WA 98101
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