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Ground-Floor Retail in Hotel
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721 Pine St, Seattle, WA 98101

Ground-floor retail space at the Grand Hyatt Seattle with street-corner visibility on Pine.

Space Size1,400 SF
Days on Market640

Property Features for 721 Pine St

General Information

Standard status Active
Size 1,400 SF
Property subtype RETAIL

Site & Location

Neighborhood Central Business District

Additional Details

Space Use Retail

Spaces For Lease

at 721 Pine St
Retail for Lease at the Grand Hyatt AVAILABLE
Size 1,400 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Prime retail opportunity on the bustling corner of 7th Ave and Pine, located on the ground floor of the upscale 457-room Grand Hyatt hotel. This high-visibility space is at the center of it all, with key attractions nearby including the Washington State Convention Center, Summit Building, Paramount and ACT Theatres, and within walking distance to top Seattle destinations like the Amazon campus and Spheres, Pike Place Market, and Capitol Hill. Capture hotel guests, tourists, convention guests, employees and downtown residents in this core location.
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Listing Agency: West Coast Commercial Realty, LLC
Listed By: Madeline Stutz · License #22027205
Source: Moodyscre
Added: Jan 30, 2025 Changed: Oct 25 Last Checked: Oct 30 at 5:52PM

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 West Coast Commercial Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Ground-floor retail space located within the Grand Hyatt hotel on a busy corner at 7th Ave and Pine. The space offers high visibility from street level and is positioned to serve hotel guests, tourists, convention visitors, employees, and downtown residents. With approximately 1,400 square feet, it can be tailored for retail use in a highly active hospitality environment.

The location places the property within walking distance of the Washington State Convention Center and other downtown destinations, including Summit Building and Paramount and ACT Theatres. It also sits near major Seattle attractions such as the Amazon campus and Spheres, Pike Place Market, and Capitol Hill.

This is a strong fit for retail concepts that benefit from consistent foot traffic and daytime-through-evening activity generated by a central hotel and surrounding entertainment, convention, and downtown destinations.

Key Highlights

  • Approximately 1,400 SF ground‑floor retail space within the Grand Hyatt hotel
  • Street‑corner location at 7th Ave and Pine with high visibility
  • Grand Hyatt hotel environment with 457 rooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grand Hyatt Seattle Hotel & Motel The Elliott Bar at the Grand ... Bar & Pub Encore Marketing & Advertising

Suggested Use

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

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

21,660
Businesses Nearby

Demographics for 98101, WA

16,237
Population
13,193
Households
1.2
Avg Household Size
36
Median Age
71%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
32,474
Density / Sq Mi
$128,143
Median Household Income
$106,620
Median Earnings
$2,476
Median Rent
$741,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Seattle, WA

$28.96 /SF/Yr
Avg Asking Price
$12–$53 /SF/Yr
Price Range
4,990 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

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space at the Grand Hyatt Seattle with street-corner visibility on Pine.
Where is this retail space located?
The property is located at 721 Pine St Seattle, WA.
What are key features of this property?
This property features: Approximately 1,400 SF ground‑floor retail space within the Grand Hyatt hotel; Street‑corner location at 7th Ave and Pine with high visibility; Grand Hyatt hotel environment with 457 rooms
(206) 422-7598 · Office Call to check price and availability
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