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Greenwood Restaurant/Bar Opportunity
For Lease
$10,500/Mo
Pending

8556 Greenwood Ave N, Seattle, WA 98103

Restaurant or bar space in a high-traffic commercial district.

Space SizeContact for details
Property Size3,500 SF
Days on Market200

Property Features for 8556 Greenwood Ave N

General Information

Standard status Pending
Size 3,500 SF
Property subtype Commercial

Building Details

Year Built 1928
Listing Agency: KIDDER MATHEWS
Listed By: KELLY GADDIS · License #129429
Source: Corcoran
Added: Jan 21 Changed: Jul 10 Last Checked: Jul 23 at 7:52AM

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 3,500-square-foot space is suitable for a restaurant or bar. It is located in the commercial district of Greenwood, with high pedestrian and vehicle traffic. The space features an efficient kitchen with a 4-foot type 1 hood and a walk-in cooler. The location has a walk score of 95 and a bike score of 90. Surrounding businesses include Trader Joe’s, Taproot Theatre, Greenwood American Bistro, Flint Creek Cattle Co., Bar Sur Mer, Coffeeholic, North Star Diner, Halcyon Brewing, and Razzi’s Pizza. Rental rate is negotiable.

Key Highlights

  • High pedestrian and vehicle traffic on Greenwood Avenue.
  • 3,500 SF restaurant/bar space available.
  • Efficient kitchen with 4 foot type 1 hood and walk‑in cooler.

Property Analytics

Current Use

Coindexter's Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency HVAC Service Nursing Home Catering Service Clothing & Fashion 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.

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,331
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Seattle, WA

$39.37 /SF/Yr
Avg Asking Price
$27–$51.55 /SF/Yr
Price Range
4,820 SF
Avg Space Size

This space is priced 9% below the average of $39.37 /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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Similar Off Market Nearby

  • Soul & Spice Catering 9516 7th Ave NW, Seattle, WA 98117

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant or bar space in a high-traffic commercial district.
Where is this restaurant located?
The property is located at 8556 Greenwood Ave N Seattle, WA.
What is the lease rate?
The lease rate is $10,500/Mo.
What are key features of this property?
This property features: High pedestrian and vehicle traffic on Greenwood Avenue.; 3,500 SF restaurant/bar space available.; Efficient kitchen with 4 foot type 1 hood and walk‑in cooler.
More about this property
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