Restaurant Space with Full
New
For Lease
Contact for pricing
516 3rd Ave, Seattle, WA 98104
Second-generation restaurant space includes a full bar, commercial hoods, walk-in freezer, grease interceptor, and existing HVAC.
Space Size4,192 SF
Days on Market4
Property Features for 516 3rd Ave
General Information
Standard status
Active
Size
4,192 SF
Net Rentable
4,192 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
4,192 SF
Contiguous Space
4,192 SF
Space Use
Restaurant
Restaurant
Seating Capacity
104
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Additional Details
CAM
$3.75 /USD/SF/YR
Road Access
Yes
Building Details
Construction
brick
Spaces For Lease
at 516 3rd Ave Contact us- Size
- 4,192 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE
Confidential Columbia City Restaurant $42/SF/Yr
Bring your concept to one of Columbia City's most recognizable corners. This classic...
show more
Contact us
Listing Agency:
Kidder Mathews
(425) 454-7040
Listed By:
Kelly Gaddis · License #129429
(206) 332-1470
Source:
Moodyscre
Added: Sep 4
Changed: Sep 6
Last Checked: Sep 6 at 2:52PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This 4,192-square-foot restaurant space includes a second-generation build-out with a full bar program, Type 1 and Type 2 hoods, walk-in freezer, grease interceptor, and existing HVAC. The layout accommodates 104 seats and includes a mezzanine, west-facing patio seating, soaring ceilings, and a broad window line serving the dining area.
The property also offers dual street frontage at a hard corner, providing exposure along two street-facing elevations. Existing restaurant infrastructure is already in place for an operator seeking a food-and-beverage facility with substantial improvements. The lease structure is NNN, with the tenant responsible for building maintenance.
The property also offers dual street frontage at a hard corner, providing exposure along two street-facing elevations. Existing restaurant infrastructure is already in place for an operator seeking a food-and-beverage facility with substantial improvements. The lease structure is NNN, with the tenant responsible for building maintenance.
Key Highlights
- 4,192 SF restaurant space with full bar and mezzanine
- 104‑seat layout with west‑facing patio seating
- Existing Type 1 and Type 2 hoods
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
20,839
Businesses Nearby
Under-served
Demand for This Use
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
Market
Lease Benchmarks for Seattle, WA
$37.17 /SF/Yr
Avg Asking Price
$27–$50 /SF/Yr
Price Range
3,145 SF
Avg Space Size
This space is priced 13% above the average of $37.17 /SF/Yr.
Vacancy Rate% for Retail in Seattle, WA
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 - Second-generation restaurant space includes a full bar, commercial hoods, walk-in freezer, grease interceptor, and existing HVAC.
Where is this conventional restaurant located?
The property is located at 516 3rd Ave Seattle, WA.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: 4,192 SF restaurant space with full bar and mezzanine; 104‑seat layout with west‑facing patio seating; Existing Type 1 and Type 2 hoods
