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Permitted Corner Restaurant Space
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2900 1st Ave, Seattle, WA 98121

Permitted restaurant space with an installed Type I hood and landlord buildout on a corner of 1st and Broad.

Space Size2,059 SF
Days on Market1678

Property Features for 2900 1st Ave

General Information

Standard status Active
Size 2,059 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 2900 1st Ave Contact us

Corner restaurant/retail space $28/SF/Yr

Size
2,059 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
2,059 SF of permitted restaurant space on the corner of 1st & Broad Street in the...
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Listing Agency: Ewing & Clark Comm'l Brokerage
Listed By: Cameron Kent · License #102567
Source: Moodyscre
Added: Jan 14, 2022 Changed: Aug 8 Last Checked: Aug 18 at 12:23PM

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.

2,059 SF of permitted restaurant space is available on the corner of 1st and Broad Street within the recently renovated 2900 on 1st apartment building. The landlord has permitted the restaurant buildout and installed a Type I hood. Floor plans include an example layout, and the space offers outdoor dining opportunities and additional dry storage.

The property is located approximately three blocks from Seattle Center, Key Arena, the Seattle waterfront, and the new NHL franchise.

This is a ready-for-restaurant buildout that combines the permitted use and key kitchen infrastructure with room for outdoor dining and extra dry storage.

Key Highlights

  • 2,059 SF of permitted restaurant space on the corner of 1st & Broad Street
  • Landlord permitted restaurant buildout with an installed Type I hood; see floor plans for example layout
  • Outdoor dining opportunities plus additional dry storage

Property Analytics

Current Use

2900 on First Apartments Apartment Building WhereiPark Monthly Parking ... Parking Lot & Garage Debutante Media Marketing & Advertising Cline Firm Car ... Law Firm

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store HVAC 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.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,120
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

$37.17 /SF/Yr
Avg Asking Price
$27–$50 /SF/Yr
Price Range
3,450 SF
Avg Space Size

This space is priced 25% below the average of $37.17 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Permitted restaurant space with an installed Type I hood and landlord buildout on a corner of 1st and Broad.
Where is this conventional restaurant located?
The property is located at 2900 1st Ave Seattle, WA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2,059 SF of permitted restaurant space on the corner of 1st & Broad Street; Landlord permitted restaurant buildout with an installed Type I hood; see floor plans for example layout; Outdoor dining opportunities plus additional dry storage
(206) 838-7737 Call to check price and availability
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