Listing Agency: CBRE j***@cbre.com Show Phone

Listed By: Jennifer Seversen Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 13 Last Checked: Aug 22 at 8:23AM

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Investment Insights

Based on property information with market context.

This 3,566 SF retail space is located in one of Seattle’s walkable neighborhoods. The property is complemented by an exhibition space featuring art installations, which is intended to enhance the area’s existing cultural attractions. The space features a ceiling height of over 22 feet. Museum House aims to integrate a mixed-use property with the Frye House Museum and St. James Cathedral, incorporating them into the First Hill community.

Key Highlights

• 3,566 SF retail available
• Located in a walkable neighborhood
• Soaring 22’+ ceiling height

Property Analytics

Property Profile

Current Use

Museum House Apartment Building Perkins and Will Apartment Building

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

19,195

Businesses Nearby

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

$30.66 /SF/Yr

Avg Asking Price

$12–$50 /SF/Yr

Price Range

9,692 SF

Avg Space Size

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

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Frequently Asked Questions

What type of property is this?

Retail space - 3,566 SF retail space in walkable Seattle neighborhood.

Where is this retail space located?

The property is located at 707 Terry Avenue Seattle, WA.

What are key features of this property?

This property features: 3,566 SF retail available; Located in a walkable neighborhood; Soaring 22’+ ceiling height