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    1510 Melrose Ave Seattle, WA 98122

    For Lease
    $38 SF/Yr ($14,047 /Mo)

    Built-out restaurant space in vibrant Capitol Hill location for lease.

    Property size:
    4,436 SF
    Lot size:
    0.12 Acres

    Property Features for 1510 Melrose Ave

    General Information

    Size
    4,436 SF
    Lot size
    0.12 Acres

    Source: Gibraltar, LLC Agent Laura Miller

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

    Overview

    Capitol Hill Restaurant Space Available

    This is a restaurant space available for lease in the west end of Capitol Hill's Pike/Pine Corridor, across from Melrose Market. The location benefits from strong day and night-time traffic and is a five-minute walk from the Washington State Convention Center. The building, a renovated former automotive garage completed in 2012 and designed by Cobb Architects, features a chef's display kitchen with two type 1 hoods (86"x54" and 144"x54") and one type 2 hood (48"x48"), a full bar, and a pick-up window. Architectural features include exposed brick, high ceilings, operable storefront windows, metal beams, and a modern design aesthetic. The property is equipped with fire sprinklers and HVAC. The space is 4,436 square feet and is suitable for restaurants and retail properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    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.

    Similar Places Nearby

    Seattle Corporate Catering by ARISTA, Cafe Stellina Catering/NEST School Lunch, Wolf gang puck catering, Shooby Doo Catering - Seattle Art Museum, Nourish Catering

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3275868
    Latitude
    47.6143887

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    FAQs

    What type of property is this?
    Restaurant - Built-out restaurant space in vibrant Capitol Hill location for lease.
    Where is this restaurant located?
    The property is located at 1510 Melrose Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Fully built-out restaurant space in the vibrant Pike/Pine Corridor of Capitol Hill, across from Melrose Market.; - Includes **two Type 1 hoods and one Type 2 hood, full bar, and pick-up window.**; - High foot traffic location, both day and night.
    (206) 351-3573
    Request Owner's contact information
    1510 Melrose 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
    1510 Melrose Ave Seattle, WA 98122
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