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Bellevue Rare Coins Expanded Into Eastlake

The company established a new storefront in a former Starbucks location after a $2 million property purchase.

Updated on Oct. 6, 2026 in Openings & Closings

Isometric editorial illustration depicting a modern brick storefront facade, representing business expansion into a new urban retail space.
Bellevue Rare Coins has expanded its physical footprint, opening a new retail location on Eastlake Avenue in Seattle following a $2 million property purchase. AI Illustration. Upload story photo >

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Bellevue Rare Coins opened a new location on the 2300 block of Eastlake Ave E in Seattle. The expansion follows the company's $2 million purchase of the property in August 2026.

Why it matters

The company is strategically positioning its new operations in an area noted for its proximity to I-5 and available surface parking. This move marks a continued physical presence for the business in the region.

The firm purchased the Eastlake site for $2 million, an investment projected to reach $2.5 million in value by next summer. The new storefront occupies the 2300 block of Eastlake Ave E.

The players

Bellevue Rare Coins

This regional dealer operates multiple precious metals and numismatic storefronts across Bellevue, Issaquah, Lynnwood, and Tacoma.

Starbucks

This global coffeehouse chain previously operated the retail space now occupied by the rare coin dealer.

The details

The new storefront replaces a former Starbucks space, selected for its accessibility to commuters. This expansion follows the company's 2022 closure of its West Seattle flagship store after an armed robbery incident.

Timeline

  1. The West Seattle flagship store closed in 2022.

  2. The company purchased the Eastlake parcel for $2 million in August 2026.

  3. The projected value of the property investment reaches $2.5 million by summer 2027.

  4. The new RapidRide J line is scheduled to launch in 2027.

Market Landscape

The company's expansion into Eastlake reflects a broader retail trend of prioritizing locations with high transit access and proximity to major highways. This move follows the infrastructure development patterns set by the 2027 RapidRide J line transit expansion.

Residents in the Eastlake neighborhood may notice a change in the local retail mix following the conversion of the former coffee shop space. Customers interested in precious metals now have a new, accessible storefront option near the I-5 corridor.

The takeaway

The company continues to optimize its physical footprint by securing high-traffic real estate investments. Future storefront success in this location will likely depend on the accessibility gains provided by upcoming infrastructure projects in the area.

Further reading

For more information on local business activity, visit Seattle Openings & Closings.

Source note: This article includes information reported by CHS Capitol Hill Seattle.

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Do you prefer seeing small businesses replace closed major chain outlets in your neighborhood?