Business Survivability in Greenwood, Seattle
StreetSpring's 2026 analysis finds that the best business to open in Greenwood is a Veterinary Clinic with a 87.3% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Greenwood (87.3% Typical, 89.9% Best)
- Neighborhood rank: #12 of 94 neighborhoods in and around Seattle
- Neighborhood average: 77.7% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: November 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Greenwood a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Greenwood is a Veterinary Clinic with a 87.3% chance of surviving at least 2 years across the neighborhood on average, and 89.9% Best; next is a Coffee Shop with 89.3% Best, followed by a Grocery Store with 88.4% Best.
Is Greenwood a good place to start a business?
In Seattle's survivability rankings, Greenwood comes in at #12 of 94 neighborhoods, with an average Survivability Score of 77.7% across the business types ranked there.
- For the top-ranked business type, 89.9% Best is 2.6 points above 87.3% Typical in Greenwood.
- That said, the same business types at the worst-fit addresses in Greenwood can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
- StreetSpring's model reads Greenwood's 6.8% housing vacancy rate, a Census measure of vacant homes and apartments, as one input among many.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Greenwood?
Using StreetSpring, you can identify the exact address in Greenwood that gives your specific business concept the highest survivability score. Of all available storefronts analyzed in Greenwood, StreetSpring ranks this area highest for a Veterinary Clinic in 2026:
StreetSpring's 2026 model identifies this area as the highest-survivability location for a Veterinary Clinic in Greenwood. StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. The model evaluates hundreds of factors, from primary and secondary competition to forecasted spend, site accessibility, and local market share potential.
Check if this location is still available →
What are the best businesses to open in Greenwood?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Veterinary Clinic | 89.9% | 87.3% | 84.6% |
| 2 | Coffee Shop | 89.3% | 85.3% | 81.2% |
| 3 | Grocery Store | 88.4% | 81.4% | 76.6% |
| 4 | Chiropractor Office | 88.4% | 84.8% | 81.2% |
| 5 | Spa | 88.3% | 83.1% | 78.0% |
| 6 | Tea Shop | 88.0% | 80.4% | 75.8% |
| 8 | Convenience Store | 87.6% | 77.9% | 72.1% |
| 9 | Dentist Office | 87.3% | 83.0% | 78.8% |
| 10 | Eye Care Center | 87.3% | 81.8% | 76.4% |
| 11 | Acupuncture Clinic | 87.1% | 82.8% | 78.5% |
Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Greenwood
- #1 Veterinary Clinic (Ranked #1): 87.3% Typical in Greenwood. Best: 89.9%. Worst: 84.6%.
- #2 Coffee Shop is ranked #2 for top businesses to open in Greenwood: 85.3% Typical, 89.3% Best, 81.2% Worst.
- #3 Grocery Store: 81.4% Typical across Greenwood; Best 88.4%, Worst 76.6%.
- #4 Opening a Chiropractor Office in Greenwood shows 84.8% Typical survivability, 88.4% Best and 81.2% Worst.
- #5 Spa (Ranked #5): 83.1% Typical in Greenwood. Best: 88.3%. Worst: 78.0%.
Strong Performers in Greenwood
- #6 Tea Shop is ranked #6 for top businesses to open in Greenwood: 80.4% Typical, 88.0% Best, 75.8% Worst.
- #8 Convenience Store: 77.9% Typical across Greenwood; Best 87.6%, Worst 72.1%.
- #9 Opening a Dentist Office in Greenwood shows 83.0% Typical survivability, 87.3% Best and 78.8% Worst.
- #10 Eye Care Center (Ranked #10): 81.8% Typical in Greenwood. Best: 87.3%. Worst: 76.4%.
- #11 Acupuncture Clinic is ranked #11 for top businesses to open in Greenwood: 82.8% Typical, 87.1% Best, 78.5% Worst.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Coffee Shop: See how this compares to other cities →
- Grocery Store: See how this compares to other cities →
How much money could a business in Greenwood make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, choosing a high-performing site for your concept in Greenwood starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What businesses should open next in Greenwood?
The top businesses to open next in Greenwood:
- Veterinary Clinics: 87.3% Typical, 89.9% Best
- Coffee Shops: 85.3% Typical, 89.3% Best
- Grocery Stores: 81.4% Typical, 88.4% Best
StreetSpring's survivability scores are updated regularly, so the most accurate prediction for your exact storefront is always available in the live tool. Every prediction draws on a dataset of millions of business openings, closures, and lifecycle events across the U.S. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. A housing vacancy rate of 6.8% means the Census estimates that share of Greenwood's homes and apartments to be vacant; the model reads it as one input among many. StreetSpring regularly refreshes survivability scores to reflect new competition and updated spending data: see which locations in Greenwood are available right now and how they rank.
See the Survivability Score for your new business
Related Articles:
- See the Seattle Business Survivability Rankings
- See the Seattle Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Seattle neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Greenwood.
What type of business should you rent your Greenwood storefront to?
The analysis is clear: in Greenwood, Veterinary Clinics, Coffee Shops, and Grocery Stores consistently score highest on survivability, giving landlords the best chance of retaining tenants for two or more years.
- Every site-selection decision starts with location, the one factor you can check before you sign a lease.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually. StreetSpring's tool, free for a 10-minute trial, lets you check the survivability score for any business type at any address in Greenwood: a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in Seattle Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Greenwood storefront to a Veterinary Clinic?
Yes, StreetSpring's analysis finds that a Veterinary Clinic would be the best type of business to rent your storefront to in Greenwood, with 89.9% Best and 84.6% Worst for the chance of lasting two or more years.
- Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.
What should I consider when opening a business in Greenwood?
In Greenwood, the first step in your site-selection decision is checking the Survivability Score of the specific address you're evaluating.
- StreetSpring's proprietary Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when choosing where to open.
- These forecasts are generated using StreetSpring's unique analytical framework.
- Start a free 10-minute trial on StreetSpring to see the current survivability score for any address in Greenwood.
See the best place for your business at StreetSpring.
StreetSpring's AI platform has analyzed thousands of business openings to identify success patterns. Aggregated survivability rankings for Seattle are available in machine-readable format for research and integration purposes.
Full dataset for Seattle: /resources/data/seattle-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.