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101 NE 50th St
Seattle, WA 98105 Wallingford

$5,000,000 USD

Convenience Store For Sale  •  4,057 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 4,057 SF
  • Lot Size 0.35 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Multiple
  • Zoning NC1-40 (M)
71 Transit Score
84 Walk Score

Highlights

RARE URBAN INFILL CORNER: Generational corner commercial asset offered for the first time in 30 years.
EXCEPTIONAL PROPERTY FUNDAMENTALS The property occupies a prominent corner location with outstanding visibility, access and neighborhood.
MULTIPLE “VALUE-ADD” OPPORTUNITIES The existing 7-Eleven and Salon leases expire in 2030, defining a future repositioning opportunity timeline.
EXCELLENT DEMOGRAPHICS The three-mile trade area includes a dense surroundings with approximately 304,000 residents across 143,000 households.
UNIVERSITY DISTRICT GROWTH The University District is emerging as a premier growth residential and mixed-use investment market anchored by the U of W.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven
Salon Excellence

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 10 min - 5.3 mi
AirportDriveWalkDistance
Seattle-Tacoma International 28 min - 18.5 mi
Seattle Paine Field International 30 min - 19.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Brian Leibsohn 425-455-3131 Linc Properties
Brian Leibsohn 425-455-3131 Linc Properties