Five-Suite Ground-Floor Retail
New
For Sale
$8,536,000
215 Kirkland Ave, Kirkland, WA 98033
Fully occupied retail suites sit within a residential condominium building in downtown Kirkland.
Property Size9,245 SF
Price / SF$923.31
Days on Market3
Property Features for 215 Kirkland Ave
General Information
Standard status
Active
Size
9,245 SF
Property subtype
Urban-High Street
Occupancy
100%
Additional Details
Floor
Ground
Anchor Co-Tenants
Chase Bank, Kirkland Bakery
Amenities
5 Retail Suites, 100% Occupied w/ NNN Leases - Anchored by Chase Bank and Kirkland Bakery, Majority of Leases Feature Annual Bumps and FMV Rents at Renewal
A+Trophy Location - Generational Opportunity to Own a 100% Occupied Retail Investment in Thriving Submarket on Seattle's Eastside
Extremply High Barriers To Entry and Supply Constrained Retail Market - Vacancy Rates Are Below 2% in the Submarket
High Density and Strong Employment Drivers - Over 3,000 Multifamily Units Within 0.50 Miles of Subject Property, Google and EvergreenHealth Drive Daytime Population to Over 24,000
Building Details
Building Size
9,245 SF
Year Built
2006
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Seattle Office
Listed By:
Carson Breshears · License #License(s): WA: 140835, NV: S.0205754
(206) 826-5638
Source:
Marcusmillichap
Added: Sep 30
Last Checked: Oct 1 at 8:09AM
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 Seattle Office
Investment Insights
Based on property information with market context.
This 9,245-square-foot retail condominium property comprises five ground-floor suites within the 110-unit Kirkland Central condominium building. Completed in 2006, the property is fully occupied, with Chase Bank and Kirkland Bakery among its tenants. Other occupants provide service- and experience-oriented offerings.
The property is at 215 Kirkland Ave in downtown Kirkland, directly across from the Heathman Hotel. The surrounding area has approximately 9,500 residents, and its daytime population exceeds 24,000. Google’s Kirkland Urban and Sixth Street campuses span more than 1.1 million square feet and employ over 5,000 people locally. EvergreenHealth, Microsoft’s Redmond headquarters, and Amazon’s Bellevue presence are also cited as sources of employment in the broader area.
The property is at 215 Kirkland Ave in downtown Kirkland, directly across from the Heathman Hotel. The surrounding area has approximately 9,500 residents, and its daytime population exceeds 24,000. Google’s Kirkland Urban and Sixth Street campuses span more than 1.1 million square feet and employ over 5,000 people locally. EvergreenHealth, Microsoft’s Redmond headquarters, and Amazon’s Bellevue presence are also cited as sources of employment in the broader area.
Key Highlights
- Five retail suites totaling 9,245 square feet
- 100% occupied, with Chase Bank and Kirkland Bakery among the tenants
- Located on the ground floor of a 110‑unit condominium building
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,563
Businesses Nearby
59k
Monthly Visits Nearby
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
0.3 miles
Shell
Shops & Services
8,247 visits/mo
0.3 miles
Starbucks
Dining
4,775 visits/mo
0.2 miles
Sur La Table
Home Improvements & Furnishings
4,509 visits/mo
0.3 miles
Brown Bear Car Wash
Shops & Services
3,806 visits/mo
0.5 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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully occupied retail suites sit within a residential condominium building in downtown Kirkland.
Where is this retail space located?
The property is located at 215 Kirkland Ave Kirkland, WA.
What is the asking price?
The asking price for this property is $8,536,000.
What are key features of this property?
This property features: Five retail suites totaling 9,245 square feet; 100% occupied, with Chase Bank and Kirkland Bakery among the tenants; Located on the ground floor of a 110‑unit condominium building
