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512 NE 165th St
Shoreline, WA 98155

Property For Lease

Highlights

  • Large south facing retail windows
  • Adjacent to popular neighborhood businesses
  • Near future light rail
  • Owner occupied property

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 8,800 SF
Year Built 1947
Parking Ratio 1.14/1,000 SF

About the Property

This 20 foot by 60 foot space is almost all windows up front, with possibility to install new windows facing west. It has its own subpanel with 100amps of electricity and a forced air gas furnace installed within the last ten years. It is connected to 1100 sf of optional warehouse space with its own gas furnace and separate wide back door. The location is one mile from two future light rail stations, and easy on/off I-5 from the 145th and 175th Street exits. The property is in a small area zoned neighborhood commercial and surrounded by neighborhoods. Nearby businesses include the Crest Cinema, Silesia Guitars, The Seattle Barkery, Tangerine Spa Studio, Life Balance Yoga, Ridgecrest Public House, The Drumlin, all independently and locally owned. There is free street parking in front of the space and a 40-50 car parking lot in the rear of the building, and six offstreet parking spots immediately west of the space. The property was recently purchased by current tenants of the building: see www.ridgecrest.pub and www.drumlin.pub. Owners have occupied the building for seven years, with two tenant improvements. They are actively renovating the exterior of the building and plan other improvements are seeking neighborhood-oriented businesses to join them. A lot of people who recently moved to Shoreline for the more affordable housing, good schools, parks, and location near to Seattle, and they are patiently waiting for Shoreline to get cool. The building owners have built in a lot of regional and local traffic over the last seven years. This neighborhood has the kindest people. Rent for just the 1200 sf retail space is $28/sf + prorated share of property tax, utilities metered and paid separately. TIA possible. The building owners have done two of their own TIAs in the building and have helped two other first time brick and mortar tenants with contractors and advice, and can help you too.

  • Listing ID: 28270913

  • Date on Market: 4/19/2023

  • Last Updated:

  • Address: 512 NE 165th St, Shoreline, WA 98155

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