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    1700 7Th Ave Seattle, WA 98101

    For Lease
    Contact for pricing

    Prime Seattle location, 5,952-7,198 sq ft available

    Lot size:
    747,747 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A, 23-story building at 1700 7th Avenue in Seattle's vibrant retail core offers a unique opportunity. Boasting 747,747 total square feet on a 22,216 sq ft lot, this 2000-built property features one building with elevators and is zoned DOC2 (King County APN 0659000235). Currently, 5,952 to 7,198 square feet of space is immediately available, ideally suited for a restaurant, though the owner is open to alternative uses. The space includes extensive pre-existing restaurant infrastructure. The building's prime location at the corner of 7th and Olive places it directly across from the redeveloped Pacific Place, one block from Amazon headquarters, and a new Hyatt Regency hotel. Its proximity to the expanded Washington State Convention Center further enhances its appeal. This is a generational opportunity to establish a presence in a high-traffic area surrounded by upscale dining, renowned retailers, and hotels. The property's multiple tenancy and its position within Seattle's upscale retail district make it an exceptional investment.

    Property Features for 1700 7Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    747,747 SF
    Class
    A

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    23

    Unit(s) available at that property

    Space
    Size
    7,198 SF

    HighLights

    • Class A, 23‑story building totaling 747,747 square feet on a 22,216 square foot lot in Seattle's retail core.
    • 2000‑built property with elevators, zoned DOC2 (King County APN 0659000235).
    • 5,952 to 7,198 square feet of immediately available space, ideal for restaurant use (existing infrastructure available), but owner open to alternative uses.
    • Prime corner location at 7th and Olive, across from Pacific Place, one block from Amazon HQ, and a new Hyatt Regency.
    • Adjacent to the expanded Washington State Convention Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Seattle Auto Insurance Auto Insurance Agency Northwest Hair Restoration Hair Replacement Service Watson Immigration Law Immigration Attorney Court & Carpenter, P.C. Law Firm Marketing Agency Seattle Internet Marketing Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Daycare Center 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
    -122.3354258
    Latitude
    47.6140733

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    FAQs

    What type of property is this?
    Restaurant - Prime Seattle location, 5,952-7,198 sq ft available
    Where is this restaurant located?
    The property is located at 1700 7Th Ave Seattle, WA.
    What are key features of this property?
    This property features: Class A, 23-story building totaling 747,747 square feet on a 22,216 square foot lot in Seattle's retail core.; 2000-built property with elevators, zoned DOC2 (King County APN 0659000235).; 5,952 to 7,198 square feet of immediately available space, ideal for restaurant use (existing infrastructure available), but owner open to alternative uses.
    Request Owner's contact information
    1700 7Th Ave Seattle, WA 98101
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    Seattle, WA 98101
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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
    1700 7Th Ave Seattle, WA 98101
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