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Turn-Key Restaurant Catering Kitchen
For Lease
$4,102/Mo
Pending

5602 1st Avenue S, Seattle, WA 98108

Equipped restaurant/catering kitchen with smoker, seating, and parking.

Space SizeContact for details
Days on Market176

Property Features for 5602 1st Avenue S

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1932
Listing Agency: KELLER WILLIAMS NORTH SEATTLE
Listed By: JEFF MENOWSKY · License #20121800,WA
Source: Corcoran
Added: Feb 17 Changed: Jul 6 Last Checked: Jul 23 at 9:50AM

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 KELLER WILLIAMS NORTH SEATTLE

Investment Insights

Based on property information with market context.

This is a turn-key restaurant and catering kitchen. The property features a gas and wood-burning smoker, outdoor seating, a private event space, and on-site parking. The restaurant is fully equipped and has seating for approximately 50 guests. It is set up for quick service in-person dining. The kitchen includes cold storage, prep tables, a gas range, a flat top, and fryers with a vent hood. The property size is 1823 square feet.

Key Highlights

  • Turn‑key restaurant/catering kitchen ready for immediate use.
  • Fully equipped kitchen featuring a gas range, flat top, fryers, and vent hood.
  • Gas/woodburning smoker for creating signature dishes.

Property Analytics

Current Use

Blind Raven BBQ ... Restaurant

Suggested Use

Top Pick Nail Salon Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Barber Shop Dental Office

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98108, WA

25,009
Population
9,096
Households
2.7
Avg Household Size
37
Median Age
37%
College-Educated
83%
High-School Grad
7.4 sq mi
ZIP Area
3,380
Density / Sq Mi
$90,806
Median Household Income
$48,703
Median Earnings
$1,463
Median Rent
$693,500
Median Home Value

Market

Lease Benchmarks for Seattle, WA

$35.74 /SF/Yr
Avg Asking Price
$27–$50 /SF/Yr
Price Range
3,352 SF
Avg Space Size

This space is priced 24% below the average of $35.74 /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 - Equipped restaurant/catering kitchen with smoker, seating, and parking.
Where is this conventional restaurant located?
The property is located at 5602 1st Avenue S Seattle, WA.
What is the lease rate?
The lease rate is $4,102/Mo.
What are key features of this property?
This property features: Turn‑key restaurant/catering kitchen ready for immediate use.; Fully equipped kitchen featuring a gas range, flat top, fryers, and vent hood.; Gas/woodburning smoker for creating signature dishes.
More about this property
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