Leasing Process and Application

The PDA ensures that the leasing process is fair, competitive, and provides adequate time for applicants to submit their proposals. However, the PDA is not obligated to award a lease and reserves the right to accept or reject any or all applications, as well as take exceptions to leasing specifications or requirements. Submitting a response does not constitute an offer to conduct business with the PDA, and applicants acknowledge that the evaluation process may involve subjective judgments by the PDA.

Selection Process

Once an applicant submits a complete application, the Pike Place Market PDA Commercial Department will notify the applicant that it has been successfully completed and will be included in the formal selection process.

Applicants are strongly encouraged to familiarize themselves with the Market Historical Guidelines, which can be found here.

Restaurant Space Available
in Pike Place Market

1505 Pike Place

The Pike Place Market PDA is seeking a dynamic restaurant business to lease this space located in the historic Main Arcade. This 605-square-foot space includes a Class 1 hood system, hot and cold water hook-ups, existing sinks and vents, and small built-in seating. It is positioned in the heart of the Market’s original architecture, drawing high foot traffic and surrounded by vibrant retail, restaurants, and fishmongers.

Located in Pike Place Market, this space is surrounded by well-established businesses, including Pike Place Bakery and Chicken Valley.

Offer Summary

Designated Use Restaurant
Square Footage  605 sqft
Price/Sq Ft (Annual)  $49.59
Monthly Base Rent**  $2,500
Monthly CAM (Common Area Maintenance Fee)  $1,525
Monthly Base + CAM  $4,025

Interested? Please fill out the inquiry form 

This form is not an application. Qualifying candidates will be contacted by a member of the PDA Commercial Department about next steps.

Inquiry Form

About Pike Place Market

Established by a public ordinance in 1907, Pike Place Market is a nine-acre public market in downtown Seattle. It is managed and preserved by the Pike Place Market PDA, a not-for-profit chartered by the City of Seattle to oversee the Market’s buildings, infrastructure, and open spaces.

What makes Pike Place Market truly unique? It’s the only public market in the nation with low-income housing and the only historic district created by a citizen vote. Born from public outrage over the high price of onions in 1907 and later saved from demolition in 1971 by another grassroots initiative, the Market has always been shaped by the people. Its original motto, “Meet the Producer,” still hangs proudly above the entrance, reflecting its deep commitment to small businesses and local farmers.

With 15 million visitors annually, Pike Place Market remains one of Washington State’s most beloved destinations, offering a rich mix of history, culture, and commerce in the soul of Seattle.