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New Apartment Building with Courtyard
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2955 4th Ave N, Seattle, WA 98109

New construction 60-unit apartment building completed mid-2025 with integrated restaurant and retail spaces around a landscaped courtyard.

Property Size709 SF
Days on Market801

Property Features for 2955 4th Ave N

General Information

Standard status Active
Size 709 SF
Property subtype RETAIL

Amenities

pedestrian courtyard

Building Details

Year Built 2025
Abandoned No
Listing Agency: Real Retail
Listed By: Maria Royer
Source: Moodyscre
Added: May 21, 2024 Changed: Jul 29 Last Checked: Jul 29 at 9:32AM

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 Real Retail

Investment Insights

Based on property information with market context.

The Millwright is a new construction 60-unit apartment building completed mid-2025. The property includes restaurant and retail spaces that open onto a landscaped pedestrian courtyard designed to support a walkable, shared environment.

Located at the south end of the iconic Fremont Bridge, The Millwright is positioned near dense residential neighborhoods, tech employers, and Fremont’s attractions.

As a mixed-use residential building, it combines modern apartment living with ground-floor restaurant and retail components that face the pedestrian courtyard.

Key Highlights

  • New construction 60‑unit apartment building completed mid‑2025
  • Located at the south end of the Fremont Bridge
  • Integrated restaurant and retail spaces

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Florist (Bike/Boat/Book/etc) Store Daycare Center Tanning 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,605
Businesses Nearby

Demographics for 98109, WA

34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction 60-unit apartment building completed mid-2025 with integrated restaurant and retail spaces around a landscaped courtyard.
Where is this apartment building located?
The property is located at 2955 4th Ave N Seattle, WA.
What are key features of this property?
This property features: New construction 60‑unit apartment building completed mid‑2025; Located at the south end of the Fremont Bridge; Integrated restaurant and retail spaces
(206) 464-0600 Call to check price and availability
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