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Prime Retail Space Near Beach
For Lease
$3,696/Mo
Pending

1928 43RD AVE E, Seattle, WA 98112

887 SF retail space in vibrant Madison Park.

Property Size887 SF
Days on Market190

Property Features for 1928 43RD AVE E

General Information

Standard status Pending
Size 887 SF
Property subtype Commercial

Building Details

Year Built 1921
Listing Agency: WEST COAST COMMERCIAL REALTY, LLC
Listed By: RILEY GILL
Source: Corcoran
Added: Jan 21 Changed: Jul 6 Last Checked: Jul 23 at 9:25AM

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 WEST COAST COMMERCIAL REALTY, LLC

Investment Insights

Based on property information with market context.

This 887 square foot street-level retail space is located steps from Madison Beach. The surrounding area features a mix of local businesses, including McGilvra’s Bar & Restaurant, The Attic, and Madison Park Jewelers. The location benefits from consistent foot traffic, strong neighborhood demographics, and convenient bus connections. It is suitable for boutique retailers, specialty service providers, or local concepts seeking high visibility in Madison Park.

Key Highlights

  • Prime location steps from Madison Beach.
  • High visibility in the heart of Madison Park.
  • Surrounded by established local businesses (McGilvra’s, The Attic, Madison Park Jewelers).

Property Analytics

Current Use

Terzo Salon Hair Salon Shoesmith Cox Architects Architect City Sweats Madison ... Alternative Medicine Practice Villa Marina Apartment Building Resilient Body Fitness Gym & Fitness Center

Suggested Use

Top Pick Electrical Service Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Big Box & Wholesale 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

NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 98112, WA

23,152
Population
11,670
Households
2
Avg Household Size
39
Median Age
81%
College-Educated
99%
High-School Grad
3.2 sq mi
ZIP Area
7,235
Density / Sq Mi
$162,073
Median Household Income
$84,919
Median Earnings
$2,062
Median Rent
$1,407,400
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 68% above the average of $29.84 /SF/Yr.

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 887 SF retail space in vibrant Madison Park.
Where is this retail space located?
The property is located at 1928 43RD AVE E Seattle, WA.
What is the lease rate?
The lease rate is $3,696 /Mo.
What are key features of this property?
This property features: Prime location steps from Madison Beach.; High visibility in the heart of Madison Park.; Surrounded by established local businesses (McGilvra’s, The Attic, Madison Park Jewelers).
More about this property
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