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    400 Queen Anne Ave Seattle, WA 98109

    Sponsored
    For Lease
    $35 SF/Yr ($13,903 /Mo)

    Seattle Retail, Multiple Units Available

    Lot size:
    4,767 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property located at 400 Queen Anne Avenue North in Seattle, Washington, offers a prime retail or restaurant opportunity. The building boasts a total of 4,767 square feet, with multiple spaces available for lease. Individual units range from a minimum of 1,259 square feet up to the entire 4,767 square feet, providing flexibility for businesses of various sizes. The property is currently fully vacant, presenting a unique chance to establish a presence in a vibrant Seattle neighborhood. Ample parking is provided with 27 spaces available for tenants and their customers. The property is classified as Commercial, with a Retail/Restaurant designation, making it ideal for a wide range of businesses. Situated in King County, with a 98109 zip code, this location benefits from high visibility and excellent access to transportation and local amenities. The address is 400 Queen Anne Ave N, Seattle, WA. This is a rare opportunity to secure a substantial and versatile commercial space in a highly desirable area. The entire building is available for lease, offering a unique chance to create a flagship location or a multi-tenant complex. The property's size and layout offer significant potential for customization to meet specific business needs. Don't miss this chance to establish your business in this thriving Seattle location.

    Property Features for 400 Queen Anne Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,767 SF
    Total Rate
    13903.75

    Unit(s) available at that property

    Space
    Retail A1
    Size
    1,945 SF
    Rate per SF
    $35
    Space
    Retail A2
    Size
    1,563 SF
    Rate per SF
    $35
    Space
    Retail A3
    Size
    1,259 SF
    Rate per SF
    $35
    Space
    Retail A
    Size
    4,767 SF
    Rate per SF
    $35

    HighLights

    • New construction retail/restaurant space at the base of the 143‑unit Artix luxury apartments.
    • 4,767 square feet, divisible to 1,259 square feet.
    • Includes a Type I hood shaft.
    • One block from Climate Pledge Arena and Seattle Center, attracting over 12 million visitors annually.
    • $35.00/SF/YR + NNN ($11.88/SF/YR).
    • Tenant improvement allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shell Recharge Charging ... Electric Vehicle Charging Station Artix Apartment Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -122.3565166
    Latitude
    47.6223984

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    FAQs

    What type of property is this?
    Restaurant - Seattle Retail, Multiple Units Available
    Where is this restaurant located?
    The property is located at 400 Queen Anne Ave Seattle, WA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: New construction retail/restaurant space at the base of the 143-unit Artix luxury apartments.; 4,767 square feet, divisible to 1,259 square feet.; Includes a Type I hood shaft.
    Request Owner's contact information
    400 Queen Anne Ave Seattle, WA 98109
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    Seattle, WA 98109
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    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
    400 Queen Anne Ave Seattle, WA 98109
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