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Retail Storefront at Neighborhood Entrance
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2003 W Dravus St, Seattle, WA 98199

Retail storefront located at the entrance to the Magnolia neighborhood with strong walk and drive-by traffic visibility.

Space Size2,108 SF
Days on Market173

Property Features for 2003 W Dravus St

General Information

Standard status Active
Size 2,108 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2003 W Dravus St Contact us

2003 W Dravus St $25/SF/Yr

Size
2,108 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
• Located at the entrance to the Magnolia neighborhood • Excellent walk and drive...
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Listing Agency: ORION Commercial Partners, LLC
Listed By: Jack Deane · License #22013872
Source: Moodyscre
Added: Mar 26 Changed: Sep 12 Last Checked: Sep 13 at 9:47AM

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 ORION Commercial Partners, LLC

Investment Insights

Based on property information with market context.

This retail storefront is positioned at the entrance to the Magnolia neighborhood. The location supports both walk-by and drive-by traffic and visibility, making it well-suited for retail operations that benefit from consistent customer exposure.

The property is close to the Ballard FC and Salmon Bay FC home stadium, as well as the teams’ storm practice facility. Additional nearby activity is expected with the new 2-story, 20-court, indoor pickleball facility, planned to open in summer 2026.

Overall, the asset offers a straightforward retail presence in an area with established and upcoming recreational and event draw.

Key Highlights

  • Retail storefront located at the entrance to the Magnolia neighborhood
  • Year built: 1923
  • Strong walk and drive‑by traffic visibility

Property Analytics

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Current Use

2003 W Dravus ... Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Skin Care Clinic Cosmetic Store Barber Shop

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby

Demographics for 98199, WA

22,549
Population
10,737
Households
2.1
Avg Household Size
39
Median Age
77%
College-Educated
99%
High-School Grad
4.2 sq mi
ZIP Area
5,369
Density / Sq Mi
$176,729
Median Household Income
$99,361
Median Earnings
$2,461
Median Rent
$1,160,000
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 16% below the average of $29.74 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront located at the entrance to the Magnolia neighborhood with strong walk and drive-by traffic visibility.
Where is this retail space located?
The property is located at 2003 W Dravus St Seattle, WA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Retail storefront located at the entrance to the Magnolia neighborhood; Year built: 1923; Strong walk and drive‑by traffic visibility
(206) 707-1315 Call to check price and availability
More about this property
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