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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.

Space Size605 SF
Days on Market1113

Property Features for 452 12th Ave

General Information

Standard status Active
Size 605 SF
Property subtype RETAIL
Lease Type Modified Gross

Amenities

common restrooms
trash access

Building Details

Tenancy Multi

Spaces For Lease

at 452 12th Ave Contact us

Retail Space $38/SF/Yr

Size
605 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
New Retail space one block from Seattle University campus on 12th Ave. Restored...
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Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Cameron Kent · License #102567
Source: Moodyscre
Added: Aug 28, 2023 Changed: Aug 8 Last Checked: Sep 13 at 9:28AM

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

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Current Use

Arada Center Market Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Tanning Salon 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$29.74 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
5,328 SF
Avg Space Size

This space is priced 28% above the average of $29.74 /SF/Yr.

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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