Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    809 Washington St Seattle, WA 98104

    For Lease
    $38 SF/Yr

    Downtown Seattle retail & restaurant opportunity.

    Lot size:
    360,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional opportunity presents prime retail and restaurant space within the brand-new Yesler Towers development in Seattle's vibrant Yesler Terrace neighborhood. Located at the highly visible corner of Yesler Way and Washington Street, this property offers unparalleled exposure to a large volume of traffic. The development comprises two 23-story buildings totaling 360,000 square feet, featuring approximately 12,000 square feet of retail space across multiple units. Three spaces are currently available, ranging from 1,300 to 2,788 square feet, ideal for established food operators seeking high-profile visibility. The ground-level spaces benefit from a central public plaza, perfect for community engagement. The buildings boast 245 parking spaces and are situated directly across from Yesler Terrace Park, providing convenient access and ample parking for customers. The North Tower retail spaces are scheduled for delivery in Spring 2024. This mixed-use development, easily visible from Interstate 5, serves as a gateway to downtown Seattle and the revitalized Yesler Terrace, offering a unique opportunity to be part of a thriving, growing community. The property sits on a 33,615 square foot lot and is zoned MPC-YT in King County. This is a rare chance to establish a presence in a dynamic, newly developed area with significant foot and vehicle traffic.

    Property Features for 809 Washington St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    360,000 SF
    Total Rate
    1140000

    Building Details

    Year Built
    2024
    Buildings
    2
    Stories
    23

    Unit(s) available at that property

    Space
    Suite 100
    Size
    1,736 SF
    Rate per SF
    $38
    Space
    Suite 201A
    Size
    2,788 SF
    Rate per SF
    $38
    Space
    Suite 201B
    Size
    2,788 SF
    Rate per SF
    $38

    HighLights

    • High‑profile retail and restaurant space in the new Yesler Towers development in Downtown Seattle's Yesler Terrace submarket.
    • Three available spaces ranging from 1,300 to 2,788 square feet.
    • Located at the prominent corner of Yesler Way and Washington Street, offering excellent visibility.
    • Part of a new mixed‑use development with 350+ residential units and a central public plaza.
    • Building features 2 buildings, 23 stories, 245 parking spaces, and is scheduled for Spring 2024 completion.
    • Total building size is 360,000 square feet on a 33,615 square foot lot, zoned MPC‑YT in King County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yesler Towers Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3226773
    Latitude
    47.6012812

    Nearby Similar for Lease

    • $38 SF/Yr
      1,391 SF

      Prime Retail/Office Space Available

      New mixed-use development in vibrant Seattle neighborhood.
      412 NW 65Th St, Seattle, WA 98117
      View Details
    • $25 SF/Yr
      928 SF

      Prime Wallingford Retail Space

      Inviting retail space in Seattle's vibrant Wallingford neighborhood.
      254 NE 45Th St, Seattle, WA 98105
      View Details
    • $30 SF/Yr
      4,463 SF

      Prime Retail Space in Seattle

      4,463 SF retail space in a mixed-use development.
      1505 SW 107Th St, Seattle, WA 98133
      View Details
    • $24 SF/Yr
      1,300 SF

      West Seattle Cafe/Restaurant Space

      Versatile cafe/restaurant space in West Seattle/White Center.
      1416 SW Roxbury St, Seattle, WA 98106
      View Details
    • Contact for pricing
      2,239 SF

      Freestanding Drive-Thru Restaurant Opportunity

      2,239 SF drive-thru ready for coffee or QSR concepts.
      10256 16Th Ave SW, Seattle, WA 98146
      View Details
    • Contact for pricing
      1,250 SF

      Professionally Configured Uptown Office Space

      Ground-floor office space in walkable Uptown neighborhood near Seattle Center.
      200 Roy St, Seattle, WA 98109
      View Details

    FAQs

    What type of property is this?
    Restaurant - Downtown Seattle retail & restaurant opportunity.
    Where is this restaurant located?
    The property is located at 809 Washington St Seattle, WA.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: High-profile retail and restaurant space in the new Yesler Towers development in Downtown Seattle's Yesler Terrace submarket.; Three available spaces ranging from 1,300 to 2,788 square feet.; Located at the prominent corner of Yesler Way and Washington Street, offering excellent visibility.
    Request Owner's contact information
    809 Washington St Seattle, WA 98104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    809 Washington St
    Seattle, WA 98104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    809 Washington St Seattle, WA 98104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.