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

Lake City Square is a retail center at the intersection of two major arterials, with a former Bartell Drug space.

Property SizeContact for details
Days on Market75

Property Features for 12513 Lake City Way NE

General Information

Standard status Active
Property subtype RETAIL
Listing Agency: Kidder Mathews
Listed By: Erik Swanson · License #82677
Source: Moodyscre
Added: Jul 1 Changed: Sep 10 Last Checked: Sep 12 at 10:41AM

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 retail property designed around multiple income paths, including a former Bartell Drug space. The property is positioned for investors pursuing lease-up and stabilization, and for owner-users seeking to offset occupancy costs with in-place income.

The center is located at the intersection of two major arterials in a dense urban infill submarket, approximately 15 minutes north of downtown Seattle. The property also presents a mixed-use redevelopment opportunity under zoning that allows development up to 95 feet in height.

Key Highlights

  • Retail property at the intersection of two major arterials in a dense urban infill submarket
  • Approximately 15 minutes north of downtown Seattle
  • Includes a former Bartell Drug space

Property Analytics

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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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,220
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98125, WA

42,965
Population
21,493
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
7,956
Density / Sq Mi
$96,725
Median Household Income
$61,552
Median Earnings
$1,856
Median Rent
$844,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Lake City Square is a retail center at the intersection of two major arterials, with a former Bartell Drug space.
Where is this drug store 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 at the intersection of two major arterials in a dense urban infill submarket; Approximately 15 minutes north of downtown Seattle; Includes a former Bartell Drug space
(206) 296-9628 Call to check price and availability
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