4550 12Th AveSeattle, WA 98105

For Lease
$28/SF/YR

Prime U District retail space, 1,115 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional single-tenant retail property, located at 4550 12th Ave NE in Seattle's vibrant University District (U-District) submarket of King County, Washington, offers 1,115 square feet of vacant space. The property is classified as Mixed-Use, Multi-Family, and Mixed Use, indicating its potential for diverse applications. Situated in the 98105 zip code, this location benefits from high foot traffic and proximity to the University of Washington, ensuring a strong customer base. The building's total square footage is 1 square foot, suggesting a compact yet strategically positioned retail space ideal for a variety of businesses. This property presents a unique opportunity for a single tenant seeking a prominent location within a bustling urban environment. The address is easily accessible and benefits from the high visibility and pedestrian traffic associated with the U-District. This is a rare opportunity to establish a business in a thriving area with a strong demographic profile. The property's classification as Mixed-Use, Multi-Family, and Mixed Use suggests potential for flexibility in usage and development, subject to local zoning regulations. Further investigation into the property's zoning and permitted uses is recommended. This listing presents a compelling investment opportunity in a high-demand Seattle location.

Highlights

  • New mixed-use development in the University District.
  • One ground floor retail space available.
  • Excellent walkability to University of Washington, Seattle Children's Hospital, and the future 45th & Brooklyn light rail station.
  • Features double-height ceilings and is restaurant-ready.
  • HVAC installed; tenant improvement allowance offered.
  • Rental rate: $28/SF/YR + $7/SF/YR (estimated) NNN.

Unit(s) available at that property

Space
Available Space
Size
1,115 SF
Rate per SF
$28

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6621628
Longitude
-122.3153833
4550 12Th Ave, Seattle, Washington

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4550 12Th Ave
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