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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

809 Washington St Seattle, WA 98104

360,000 SF Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 360,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yesler Towers Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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