Historic Retail Space with Grand
For Lease
Contact for pricing
216 1st Ave S, Seattle, WA 98104
Retail space for lease ranges from approx. 300–5,000 SF inside an early 20th-century landmark with a pedestrian Grand Hall passageway.
Space Size5,000 SF
Days on Market286
Property Features for 216 1st Ave S
General Information
Standard status
Active
Size
5,000 SF
Property subtype
RETAIL
Spaces For Lease
at 216 1st Ave S Contact us- Size
- 5,000 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Lease Type
- NNN
- Availability
- AVAILABLE
- Sublease
- No
Grand Central Building
Rising at the heart of Seattle’s original neighborhood, the Grand Central Building...
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Listing Agency:
Real Retail
Listed By:
Maria Royer
(206) 464-0600
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Sep 3
Last Checked: Sep 15 at 11:38AM
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 Real Retail
Investment Insights
Based on property information with market context.
An opportunity to lease retail space within the early 20th-century Grand Central Building. The landmark structure anchors a full block of historic brick facades and iron storefronts, and features the Grand Hall pedestrian passageway that connects Occidental Square to the neighborhood’s retail spine.
Retail space availability ranges from approx. 300–5,000 SF and can accommodate a variety of uses. The building is positioned for a renewed, pedestrian-forward retail environment centered on the Grand Hall experience.
216 1st Ave S, Seattle, WA 98104.
Retail space availability ranges from approx. 300–5,000 SF and can accommodate a variety of uses. The building is positioned for a renewed, pedestrian-forward retail environment centered on the Grand Hall experience.
216 1st Ave S, Seattle, WA 98104.
Key Highlights
- Retail space available ranges from approx. 300–5,000 SF
- Grand Hall pedestrian passageway connects Occidental Square to the neighborhood’s retail spine
- Early 20th‑century landmark building anchors an entire block
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
12,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 98104, WA
16,157
Population
10,803
Households
1.5
Avg Household Size
38
Median Age
45%
College-Educated
83%
High-School Grad
0.9 sq mi
ZIP Area
17,952
Density / Sq Mi
$61,866
Median Household Income
$57,791
Median Earnings
$1,511
Median Rent
$663,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Seattle, WA
$28.4 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
5,201 SF
Avg Space Size
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space for lease ranges from approx. 300–5,000 SF inside an early 20th-century landmark with a pedestrian Grand Hall passageway.
Where is this retail space located?
The property is located at 216 1st Ave S Seattle, WA.
What are key features of this property?
This property features: Retail space available ranges from approx. 300–5,000 SF; Grand Hall pedestrian passageway connects Occidental Square to the neighborhood’s retail spine; Early 20th‑century landmark building anchors an entire block
