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12513 Lake City Way NE, Seattle, WA, 98125
Retail Property with Former Drug Space

12513 Lake City Way NE Seattle, WA 98125

For Sale
$8,150,000

Retail property includes a former Bartell Drug space and offers zoning potential for redevelopment up to 95 feet.

Days on Market29

Property Features for 12513 Lake City Way NE

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2008
Listing Agency: KIDDER MATHEWS
Listed By: JAMES LOVSTED
Source: Corcoran
Added: Jul 2 Changed: Jul 23 Last Checked: Jul 30 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KIDDER MATHEWS

Investment Insights

Based on property information with market context.

Lake City Square is a well-located retail property that includes a former Bartell Drug space. The asset is presented for acquisition with multiple paths to value creation tied to lease-up and stabilization of the former space, as well as owner-use offsetting occupancy costs with in-place income and the option for mixed-use redevelopment.

The property sits at the intersection of two major arterials in a dense urban infill submarket, approximately 15 minutes north of downtown Seattle. Zoning for the site allows development up to 95 feet in height.

Key Highlights

  • Retail property includes a former Bartell Drug space
  • Built in 2008
  • Located at the intersection of two major arterials in a dense urban infill submarket, about 15 minutes north of downtown Seattle

Property Analytics

Location Intelligence

Current Use

Kaffeeklatsch Seattle Cafe & Coffee Shop Panda Express Restaurant Rush My Passport Travel Agency FedEx Drop Box Postal Service Lake City Square Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Nail Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Retail space - Retail property includes a former Bartell Drug space and offers zoning potential for redevelopment up to 95 feet.
Where is this retail space located?
The property is located at 12513 Lake City Way NE Seattle, WA.
What is the asking price?
The asking price for this property is $8,150,000.
What are key features of this property?
This property features: Retail property includes a former Bartell Drug space; Built in 2008; Located at the intersection of two major arterials in a dense urban infill submarket, about 15 minutes north of downtown Seattle
More about this property
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