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Retail Space in Restored Building
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452 12th Ave, Seattle, WA 98122

New retail space within a restored building with common restrooms and trash access through a corridor behind suites.

Property Size605 SF
Days on Market1068

Property Features for 452 12th Ave

General Information

Standard status Active
Size 605 SF
Property subtype RETAIL
Lease Type SF/yr

Amenities

common restrooms
trash access

Building Details

Tenancy Multi
Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Cameron Kent · License #102567
Source: Moodyscre
Added: Aug 28, 2023 Changed: Jul 28 Last Checked: Jul 29 at 12:48PM

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 Comm'l Brokerage

Investment Insights

Based on property information with market context.

This listing offers new retail space in a restored building that also includes a 22-unit apartment addition above. The retail areas are supported by common restrooms, with trash access routed through a corridor behind the spaces.

The property is located one block from the Seattle University campus on 12th Ave, providing a nearby, pedestrian-oriented setting.

For more information or to schedule a tour, please contact the broker.

Key Highlights

  • New retail space one block from Seattle University campus on 12th Ave
  • Restored building with a 22‑unit apartment addition above
  • Common restrooms and trash access provided through a corridor behind the suites

Property Analytics

Current Use

Arada Center Market Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Butcher Clothing & Fashion Store Pet Grooming Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,574
Businesses Nearby

Demographics for 98122, WA

41,646
Population
24,942
Households
1.7
Avg Household Size
32
Median Age
72%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
18,107
Density / Sq Mi
$106,479
Median Household Income
$69,673
Median Earnings
$1,991
Median Rent
$929,400
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size

This space is priced 27% above the average of $29.84 /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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Frequently Asked Questions

What type of property is this?
Retail space - New retail space within a restored building with common restrooms and trash access through a corridor behind suites.
Where is this retail space located?
The property is located at 452 12th 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: New retail space one block from Seattle University campus on 12th Ave; Restored building with a 22‑unit apartment addition above; Common restrooms and trash access provided through a corridor behind the suites
(206) 838-7737 Call to check price and availability
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