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Restaurant Space for Lease
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2615 1st Avenue, Seattle, WA 98121

Former Seattle Social Club restaurant space is available for lease.

Property Size3,843 SF
Days on Market850

Property Features for 2615 1st Avenue

General Information

Standard status Active
Size 3,843 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Richard Riley
Source: Moodyscre
Added: Apr 3, 2024 Changed: Jul 27 Last Checked: Jul 30 at 11:09AM

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 Ewing & Clark Comm'l Brokerage

Investment Insights

Based on property information with market context.

Former Seattle Social Club restaurant is available for lease. The property is configured as a restaurant space, totaling 3,843 square feet.

Showings can begin on 4/10/2024. The address is 2615 1st Avenue, Seattle, WA 98121.

For brokers and tenants, this offering provides an existing restaurant facility with an established restaurant configuration, suitable for a new operator seeking to occupy a turnkey-style dining environment.

Key Highlights

  • Former Seattle Social Club restaurant space available for lease
  • Showings can begin on 4/10/2024

Property Analytics

Current Use

Cedars Apartments Apartment Building Robin Rosell Salon Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Veterinary Clinic Clothing & Fashion Store Pet 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,538
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98121, WA

21,411
Population
15,781
Households
1.4
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
53,528
Density / Sq Mi
$148,974
Median Household Income
$118,893
Median Earnings
$2,329
Median Rent
$796,600
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$35.3 /SF/Yr
Avg Asking Price
$24–$50 /SF/Yr
Price Range
2,098 SF
Avg Space Size

This space is priced 15% below the average of $35.3 /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?
Conventional restaurant - Former Seattle Social Club restaurant space is available for lease.
Where is this conventional restaurant located?
The property is located at 2615 1st Avenue Seattle, WA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Former Seattle Social Club restaurant space available for lease; Showings can begin on 4/10/2024
(206) 695-4849 Call to check price and availability
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