202 3rd Street, Kirkland, WA 98033

Listing Agency: West Coast Commercial Realty

Listed By: Julie Shizukuishi · License #WA 136789 Show Phone

Source: Crexi

Added: Oct 28 Changed: Nov 8 Last Checked: Nov 8 at 2:40PM

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Investment Insights

Based on property information with market context.

This full-service restaurant includes a bar, a professionally designed dining room, and a mezzanine for corporate functions and private events. Back-of-house features include high-capacity ventilation, broad food-preparation areas, and walk-in refrigeration.

The property is located at 202 3rd Street in Kirkland, Washington.

Key Highlights

• Mezzanine space for corporate functions and private events
• Restaurant includes a bar and dedicated dining room
• Back‑of‑house setup includes high‑capacity ventilation and walk‑in refrigeration

Property Analytics

Current Use

Lee Johnson Field Gym & Fitness Center Peter Kirk Park Park Peter Kirk Park ... Hotel & Motel Bayley Construction Construction Company

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

2,438

Businesses Nearby

59k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 45% Dining 45% Home Improvements & Furnishings 8% Electronics 2%

Shake Shack Dining

13,664 visits/mo 0.2 miles

Shell Shops & Services

8,247 visits/mo 0.2 miles

Starbucks Dining

4,775 visits/mo 0.2 miles

Sur La Table Home Improvements & Furnishings

4,509 visits/mo 0.2 miles

Brown Bear Car Wash Shops & Services

3,806 visits/mo 0.4 miles

Demographics for 98033, WA

41,763

Population

18,211

Households

2.3

Avg Household Size

39

Median Age

73%

College-Educated

98%

High-School Grad

9.2 sq mi

ZIP Area

4,539

Density / Sq Mi

$174,005

Median Household Income

$97,472

Median Earnings

$2,386

Median Rent

$1,259,900

Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in King County, WA

$199 Jul

$181 Aug

$175 Sep

$221 Oct

Properties on Market for Conventional restaurants in King County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - A separate mezzanine accommodates corporate functions and private gatherings.

Where is this conventional restaurant located?

The property is located at 202 3rd Street Kirkland, WA.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Mezzanine space for corporate functions and private events; Restaurant includes a bar and dedicated dining room; Back‑of‑house setup includes high‑capacity ventilation and walk‑in refrigeration