Turnkey Coffee Shop
For Sale
Contact for pricing
1909-1911 10th Ave W, Seattle, WA 98119
Single-level coffee shop condo built in 2002 with a kitchen/production area and private restroom.
Property Size945 SF
Price / SF$528.04
Days on Market165
Property Features for 1909-1911 10th Ave W
General Information
Standard status
Active
Size
945 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Interbay
Traffic Count
5,000 vehicles/day
Building Details
Year Built
2002
Listing Agency:
Paragon Real Estate Advisors
(206) 623-8880
Listed By:
Mitch Battison
(206) 812-9137
Source:
Moodyscre
Added: May 12
Changed: Oct 13
Last Checked: Oct 23 at 7:46AM
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 Paragon Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Paragon Real Estate Advisors presents a 945-square-foot commercial condo at 1909–1911 10th Ave W, built in 2002 and currently built out as a coffee shop. The space features a clean, efficient single-level layout designed for customer-facing operations, with a main service area, kitchen/production space, and a private restroom. The storefront is supported by large windows that bring in natural light and provide visibility for branding.
The property is located in Seattle’s Queen Anne neighborhood along 10th Ave W. The site reports traffic counts exceeding 5,000 vehicles per day in a dense, walkable residential area. The condo is leased through 2028, providing immediate income, with NNN reimbursements scheduled to begin in 2026. Seller financing is also available.
Ideal for an owner-user or investor seeking a turnkey, low-maintenance setup with established income and additional reimbursement timing in the later term.
The property is located in Seattle’s Queen Anne neighborhood along 10th Ave W. The site reports traffic counts exceeding 5,000 vehicles per day in a dense, walkable residential area. The condo is leased through 2028, providing immediate income, with NNN reimbursements scheduled to begin in 2026. Seller financing is also available.
Ideal for an owner-user or investor seeking a turnkey, low-maintenance setup with established income and additional reimbursement timing in the later term.
Key Highlights
- 945‑SF commercial condo built in 2002 with a single‑level layout for customer‑facing use
- Currently built out as a coffee shop with main service area, kitchen/production space, and a private restroom
- Leased through 2028, providing immediate income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,921
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,420
$318.4K
Cap Rate 7%
$227,443
$227.4K
Cap Rate 9%
$176,900
$176.9K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$21.8K $23.04/SF
− Vacancy
−$544 −$0.58/SF
EGI
$21.2K $22.46/SF
− OpEx
−$5.3K −$5.62/SF
NOI
$15.9K $16.85/SF
Area
Seattle, WA
Vacancy
2.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,420
Cap Rate 7%
$227,443
Cap Rate 9%
$176,900
Alternative Uses
Best Use
Specialty Retail
$227.4K
$199.0K – $265.4K
NOI $15,921 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.3K
$248.8K – $331.7K
NOI $19,901 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
5,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98119, WA
26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
Median Home Value
Market
Vacancy Rate% for Retail in Seattle, WA
Similar Off Market Nearby
- Global Eats — 645 elliott ave w, seattle, wa 98119
- Starbucks — 1144 Elliott Ave W, Seattle, WA 98119
- Queen Anne Roasters — 405 W Galer St, Seattle, WA 98119
- Caffe Fiore — 224 W Galer St, Seattle, WA 98119
- Flore Organic Roasting Co — 224 W Galer St, Seattle, WA 98119
Frequently Asked Questions
What type of property is this?
Coffee shop - Single-level coffee shop condo built in 2002 with a kitchen/production area and private restroom.
Where is this coffee shop located?
The property is located at 1909-1911 10th Ave W Seattle, WA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 945‑SF commercial condo built in 2002 with a single‑level layout for customer‑facing use; Currently built out as a coffee shop with main service area, kitchen/production space, and a private restroom; Leased through 2028, providing immediate income
