1500 Western Ave Seattle, WA 98107

Listing agency Ewing & Clark t***@ewingandclark.com Show Phone

Listed by Tom Graff · License #WA

Source Crexi

Added: Apr 11 Updated: Jul 22 at 10:07AM Checked: Jul 22 at 10:07AM

Report an Issue

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 Ewing & Clark

---

Investment Insights

Based on property information with market context.

This for-sale opportunity is for a niche cafe/bakery located within Pike Place Market. The space is approximately 408 SF and is subject to Sale, Transfer and Use permit approval by the Pike Place Market PDA and the Pike Place Market Historical Commission.

The location is at the Western Ave entrance to the Market, providing access for visitors including cruise ship tourists visiting Seattle (over 1 million per year). Existing lease terms call for occupancy through November 2020, with one five-year option.

Financial terms referenced in the offering include approximately $541.05 per month plus NNN and sales-based percentage rent. Any transfer or assignment is subject to landlord approval.

Key Highlights

• Niche cafe/bakery sale in Seattle’s historic Pike Place Market, subject to Pike Place Market PDA approval and Pike Place Market Historical Commission approval.
• Location at the Western Ave entrance to the Market, with easy access for cruise ship tourists (over 1 million/year).
• Pike Place Market draws approximately 12 million visitors per year.

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,200,000

  4,500 SF

  Auto-Repair Property with Two Parcels

  Auto-repair facility totaling 4,500 SF on two parcels, zoned NC3-75 (M) for flexible owner-user or development use.

  4607 37th Ave SW, Seattle, WA 98126

  View Details
• 

  $1,500,000

  7,464 SF

  Flex Space Building with On-Site Parking

  Flex-oriented building with main-floor space, mezzanine office, basement storage and secure vault area, plus on-site parking.

  10310 Aurora Ave N, Seattle, WA 98133

  View Details
• 

  $2,200,000

  4,500 SF

  Auto-Repair Property with Flexibility

  Auto-repair building offered for sale for the first time in over 40 years, covering two parcels totaling 11,500 SF.

  4607-4613 37th Ave SW, Seattle, WA 98126

  View Details
• 

  $2,600,000

  4,653 SF

  South Park Industrial Flex Property

  Flex/warehouse building in Seattle's South Park area.

  7912 7th Ave S, Seattle, WA 98108

  View Details
• 

  $3,000,000

  4,820 SF

  Automotive Shop with Office

  Automotive shop includes about 31% office space and a fenced yard for RV display and storage.

  4816 15th Ave NW, Seattle, WA 98107

  View Details
• 

  $700,000

  2,375 SF

  Professional Office Suite with Secure Parking

  Professional office suite with kitchenette, two restrooms with showers, and secure tandem garage parking for office-focused tenants.

  3919 Latona Ave NE, Seattle, WA 98105

  View Details
• 

  $2,600,000

  3,470 SF

  Food Production and Industrial Facility

  Approximately 3,470 SF building with FDA-grade improvements, Type 2 hood systems, and upgraded 600A 3-phase power on two parcels.

  6932 Carleton Ave S, Seattle, WA 98108

  View Details
• 

  $1,200,000

  1,820 SF

  Neighborhood Retail Building with Two Suites

  Single-story masonry retail building includes two leased suites with street parking and alley access for loading.

  7212 Woodlawn Ave NE, Seattle, WA 98115

  View Details
• 

  $7,750,000

  10,889 SF

  Leased Retail Restaurant Property

  Fully leased 10,889 SF retail asset with three restaurant operators on Ballard Avenue under NNN leases.

  5307 Ballard Ave NW, Seattle, WA 98107

  View Details
• 

  $649,950

  2,090 SF

  Updated Property with Detached Warehouse

  Updated mixed-use property with detached warehouse and flexible zoning.

  10041 15th Ave SW, Seattle, WA 98146

  View Details
• 

  $925,000

  3,435 SF

  Office Condominium with Rooftop Deck

  A large office condo with 10 private offices, kitchen, and rooftop deck plus dedicated garage parking.

  4014 N Aurora Ave Unit B, Seattle, WA 98103

  View Details
• 

  $1,695,000

  5,176 SF

  Retail Corner with Office

  Retail corner includes a 1,700-sf air-conditioned office area for flexible day-to-day operations.

  4000 Airport Way S, Seattle, WA 98108

  View Details

Similar Off Market Nearby

• Izumi Cafe & Karaoke — 207 2nd Ave S, Seattle, WA 98104
• General Porpoise — 401 1st Ave S, Seattle, WA 98104
• Zeitgeist Coffee. — 171 S Jackson St, Seattle, WA 98104
• Caffe Umbria — 320 Occidental Ave S, Seattle, WA 98104
• Elliott Bay Cafe — 103 South Main St, Seattle, WA 98104

FAQs

What type of property is this?

Coffee shop - Sale of a niche cafe/bakery requires Pike Place Market PDA and Historical Commission approval.

Where is this coffee shop located?

The property is located at 1500 Western Ave Seattle, WA.

What are key features of this property?

This property features: Niche cafe/bakery sale in Seattle’s historic Pike Place Market, subject to Pike Place Market PDA approval and Pike Place Market Historical Commission approval.; Location at the Western Ave entrance to the Market, with easy access for cruise ship tourists (over 1 million/year).; Pike Place Market draws approximately 12 million visitors per year.