1416 10th Avenue, Seattle, WA 98122 | MLS #NWM2514368 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of KW Mountains to Sound RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2514368MLS Provider

1416 10th AvenueSeattle, WA 98122

Commercial
$150,000 Active

1416 10th Avenue Overview

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An opportunity to acquire one of Capitol Hill’s most established and culturally relevant beverage concepts, Drip Tea Seattle. Drip Tea Seattle stands as one of Seattle’s first true concept stores, seamlessly blending café culture with streetwear, art, and community-driven experiences. More than a boba shop, it is a lifestyle brand that helped define an era of Seattle’s beverage scene while pushing the boundaries of what a café can be. Situated in the vibrant core of Capitol Hill, surrounded by dense residential living, top restaurants and nightlife, and within walking distance to SU, Seattle Academy, Seattle Central, and Cal Anderson Park, the location delivers consistent energy and foot traffic. The neighborhood aligns naturally with the brand, creating a steady flow of both daily customers and community regulars. From its iconic, fashion and art inspired aesthetic to its role as a gathering space for creativity and connection, Drip Tea has cultivated a brand that resonates authentically with its audience. The space has hosted a wide range of community-driven events, including fashion pop-ups, Korean cup sleeve celebrations, and themed experiences such as Pokémon events, while consistently spotlighting local artists and small businesses. The infrastructure is in place, the brand equity is undeniable, and the community is both loyal and engaged. Unique opportunity to take the torch of a trendsetting, culturally embedded concept and lead it into its next chapter.

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1416 10th Avenue Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Annual Expenses: 1
  • Annual Gross Sales: 1
  • Annual Rent: 63972

Building Information

  • Year Established: 2020

Business Information

  • Business Name: Drip Tea Seattle
  • Business Type: Food And Beverage

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 390 - Central Seattle
  • Subdivision Name: Capitol Hill

Rent/Lease Information

  • Lease Assignable: Yes

General Information

  • Listing Terms: Cash, SBA
  • Parcel Number: 0
  • Property Condition: Very Good
  • Property Sub Type: Business Opportunity
  • Property Type: Business Opportunity
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 10
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Elevation Units: Feet

General Information

  • Carport: No
  • Covered Spaces: 0

1416 10th Avenue Neighborhood

Community

98122 (Seattle) Demographics

31
Median Age
11,138
Population Density (per sq. mile)
74%
College Educated
$81,308
Estimated Median Income
6,230
Estimated Total Home Owners
15,007
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1416 10th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1416 10th Avenue Market Data

Based on the last 30 days in this zip code

$960,048
Average List Price
$621
Average Price per Square Foot
35
Properties Sold
68
Average Days on Market
165
Properties for Sale
Calculations provided by Reliance Network

1416 10th Avenue History

Date Event Value Agent
4/27/2026Source: NWMLS Added to Database
April 27, 2026