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Corner Retail Space with Basement
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321 3rd Ave S, Seattle, WA 98104

Corner ground-floor retail space with large windows and additional basement area in Pioneer Square.

Property Size3,000 SF
Days on Market388

Property Features for 321 3rd Ave S

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Lease Term 24 months

Building Details

Construction timber
Listing Agency: Samis Land Co.
Listed By: Michael Norman
Source: Moodyscre
Added: Jul 10, 2025 Changed: Jul 27 Last Checked: Aug 1 at 6:51AM

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 Samis Land Co.

Investment Insights

Based on property information with market context.

This corner retail space offers high-visibility storefront presence with timber construction and an abundance of windows bringing in natural light. The available configuration includes approximately 3,000 square feet of ground-floor retail space plus approximately 3,000 square feet of basement space, providing flexibility for day-to-day operations and back-of-house needs.

Located in Pioneer Square with easy access to nearby restaurants, the CID, art galleries, the waterfront, ferry terminal, King Street Station, mass transit, and the stadium district.

The space is available now. Lease terms noted in the listing include a 1–2 year lease structure with a landlord 6-month notice of termination.

Key Highlights

  • Corner ground‑floor retail space in Pioneer Square at 220 S Jackson St (US Rubber Building)
  • Approximately 3,000 SF on the ground floor plus approximately 3,000 SF of basement space
  • High‑visibility space with timber construction and an abundance of windows for natural light

Property Analytics

Current Use

Brenthaven Corporate Headquarters Corporate Office Parlour Tattoo & Piercing Shop Neu Haus (Bike/Boat/Book/etc) Store Olive Seattle (Bike/Boat/Book/etc) Store Neu Haus Seattle (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Pet Store & Service Restaurant

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13,411
Businesses Nearby

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

Market

Lease Benchmarks for Seattle, WA

$29.84 /SF/Yr
Avg Asking Price
$5.86–$65.62 /SF/Yr
Price Range
2,457 SF
Avg Space Size

This space is priced 40% below the average of $29.84 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner ground-floor retail space with large windows and additional basement area in Pioneer Square.
Where is this retail space located?
The property is located at 321 3rd Ave S Seattle, WA.
What is the lease rate?
The lease rate is $4,500 /Mo.
What are key features of this property?
This property features: Corner ground‑floor retail space in Pioneer Square at 220 S Jackson St (US Rubber Building); Approximately 3,000 SF on the ground floor plus approximately 3,000 SF of basement space; High‑visibility space with timber construction and an abundance of windows for natural light
(206) 957-8750 Call to check price and availability
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