2801 S Hanford St, Seattle, WA

Retail for Sale - $1,295,000 - 3,727 Sq. Ft.


Agent Info

Heidi Ihde
Coldwell Banker Commercial Danforth

Property Info

CIMLS#1188505
Location
  2801 S Hanford St
  Seattle WA 98144
UpdatedMarch 5th, 2026
TypeRetail
Price$1,295,000
Building3,727 Sq. Ft.

Property Description

Owner/User or Investment Opportunity in a high-growth Seattle location near Light Rail, positioned between MLK Jr. Way S and Rainier Ave S. Mixed-use buildings with flexible tenancy in this transit-oriented corridor rarely come to market.

The property includes a street-level retail space with basement currently occupied by a bakery/coffee shop on a month-to-month agreement, creating flexibility for an owner-user or future lease repositioning. The upper-level residential unit is leased through July 2026, providing stable income.

The layout supports a variety of uses including professional office, boutique retail, café concepts, or small business headquarters, and the space has previously operated as office.

Existing income provides a solid foundation with upside through rent adjustments, expense recovery, and lease restructuring. Additional income potential may exist through future laundry revenue and possible parking income.

Strong neighborhood growth driven by Light Rail expansion and ongoing redevelopment supports long-term value.


Financials


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