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Fremont Retail Investment Opportunity
For Sale
$7,200,000
Pending

3515 Fremont Ave N, Seattle, WA 98103

Iconic 20,769 SF Fremont retail building for sale.

Property SizeContact for details
Days on Market674

Property Features for 3515 Fremont Ave N

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1911
Listing Agency: GIBRALTAR, LLC
Listed By: JULIE CARVALHO · License #WA21015089
Source: Corcoran
Added: Oct 8, 2024 Changed: Jul 6 Last Checked: Jul 23 at 8:39AM

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 GIBRALTAR, LLC

Investment Insights

Based on property information with market context.

Located in Fremont, Seattle, this investment property at 3515 - 3517 Fremont Avenue N features a 20,769 square foot building constructed in 1911. The building has been under professional management for 14 years and has been transformed into a retail destination. In 2011, the upper-level was transformed.

Key Highlights

  • Prime investment opportunity in the heart of Fremont, Seattle.
  • Iconic property with classic architecture dating back to 1911.
  • Substantial 20,769 square foot building.

Property Analytics

Current Use

Downtown Dog Lounge ... Bakery Hotel Hotel Hostel Hostel Kirei Poke Restaurant Frame Up Studios (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Butcher Nursing Home Barber Shop Mobile Phone 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.

Location Intelligence

Trade Area within ½ mile

3,184
Businesses Nearby

Demographics for 98103, WA

53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value

Market

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 property - Iconic 20,769 SF Fremont retail building for sale.
Where is this retail property located?
The property is located at 3515 Fremont Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Prime investment opportunity in the heart of Fremont, Seattle.; Iconic property with classic architecture dating back to 1911.; Substantial 20,769 square foot building.
More about this property
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