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GIBRALTARINVESTMENT PROPERTY SOLUTIONS
Retail Space For LeaseSchwabacher Building
89 1/2 Yesler Way | Pioneer Square
For more information please contact:
Laura Miller206.351.3573 | [email protected]
Gibraltar LLC206.367.6087 | Fax
www.gibraltarusa.com
OverviewThe Schwabacher is a historic landmark building built in 1892, and a favorite stop on the Seattle Underground Tour. It is located on 1st Avenue South and Yesler in the heart of Pioneer Square, around the corner from the Seattle Ferry Terminal. It is along the walking route to CenturyLink Field and Safeco Field, and bustles with activity on game and event days. Pioneer Square is a highly sought after destination for some of the cities hottest new restaurants, sidewalk cafes, retail establishments, and high occupancy office buildings catering to Seattle’s creative firms. Local landlord is vested in the neighborhood, seeking experienced operator.
Highlights• Classic turn of the century brick building loaded with character rich features including pressed tin ceiling, large glass storefront, and parque floors• Prime retail space fronting Yesler Way, in the heart of Pioneer Square’s historic district • Strong pedestrian and tourist traffic; located along the walking route to the stadiums• Building co-tenant is Cafe Paloma. Surrounding businesses include Delicatus, Caffe D’arte, Rudy’s Barbershop, and Damn the Weather• No bar or night club use allowed• Available with 30-days notice• 349 SF• Rental Rate: $40/SF/YR + NNN ($6.40) = $1,349.47/month. NNN includes bathroom janitorial
and supplies. Tenant pays water/sewer, electricity, trash and gas.
Thisinformationhasbeenobtainedfromsourcesbelievedreliable.Noguarantee,warrantyorrepresentation,expressorimplied,ismadeastotheaccuracyoftheinformationcontainedherein,andsameissubmittedsubjecttoerrors,omissions,changeofprice,rentalorotherconditionswithdrawalwithoutnotice,andtoanyspeciallistingconditions,imposedbyourprincipals.Anyprojections,opinions,assumptionsorestimatesusedareforexampleonlyanddonotrepresentthecurrentorfutureperformanceoftheproperty.
Retail Space for Lease
89 1/2 Yesler Way | Pioneer Square
Demographics (2017) 1 mile 2 mile 3 mile
Daytime Population 32,318 326,260 371,554
Total Households 18,453 64,470 96,667
Median Household Income $43,387 $57,008 $70,442
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