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Corner Restaurant and Triplex Property
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7301-7305 Aurora Ave N, Seattle, WA 98103

Recently vacated restaurant or bar space plus an occupied triplex on a corner parcel near Greenlake.

Property Size2,060 SF
Lot Size0.11 Acres
Days on Market683

Property Features for 7301-7305 Aurora Ave N

General Information

Standard status Active
Size 2,060 SF
Lot size 0.11 Acres
Property subtype RETAIL
Zoning NC3P-55
Lease Type SF/yr

Additional Details

Multifamily Units 3
Listing Agency: Lee & Associates Commercial Real Estate Services
Listed By: Chris Aberg
Source: Moodyscre
Added: Sep 16, 2024 Changed: Jul 26 Last Checked: Jul 30 at 11:03AM

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 Lee & Associates Commercial Real Estate Services

Investment Insights

Based on property information with market context.

The property includes a recently vacated Restaurant / Bar and a fully occupied Triplex. The offering is situated on an approximately 4,930 SF parcel, with the site positioned on the NW corner of Greenlake at the intersection of Aurora Ave. N and N 73rd St.

The highest and best use is described as development of this parcel together with the neighboring three parcels, for a combined total of approximately 20,210 SF of NC3P-55 land. For prospective tenants, this configuration can also support a variety of near-term occupancy and leasing strategies given the existing restaurant/bar space and the currently occupied triplex.

Key Highlights

  • 4,930 SF corner parcel on the NW corner of Greenlake at the intersection of Aurora Ave. N and N 73rd St.
  • Recently vacated restaurant/bar space included on the property.
  • Triplex on the property is fully occupied.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store

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

Lease Details

3
Residential units
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98103, WA

53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$37 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
2,124 SF
Avg Space Size

This space is priced 41% below the average of $37 /SF/Yr.

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sullys Ale House LLC — 6119 Phinney Ave N, Seattle, WA 98103
  • The Whit's End — 6510 Phinney Ave N, Seattle, WA 98103
  • Sully's Snow Goose Saloon — 6119 Phinney Ave N, Seattle, WA 98103
  • RidgeWood Bottle & Tap — 316 N 67th St, Seattle, WA 98103
  • arc — 6114 phinney ave n, seattle, wa 98103

Frequently Asked Questions

What type of property is this?
Bar & Pub - Recently vacated restaurant or bar space plus an occupied triplex on a corner parcel near Greenlake.
Where is this bar & pub located?
The property is located at 7301-7305 Aurora Ave N Seattle, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 4,930 SF corner parcel on the NW corner of Greenlake at the intersection of Aurora Ave. N and N 73rd St.; Recently vacated restaurant/bar space included on the property.; Triplex on the property is fully occupied.
(206) 773-2683 Call to check price and availability
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