Business Survivability in Greenwood, Seattle
StreetSpring's 2026 analysis finds that the best business to open in Greenwood is a Veterinary Clinic with a ~81% 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 (~81% average survival rate, ~85% at best locations)
- Neighborhood rank: #22 across all neighborhoods in and around Seattle
- Neighborhood average: ~77% two-year survival across all business types
- 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: September 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 ~81% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~85% chance; next is a Grocery Store with a 78.89% chance, followed by a Liquor Store with a 78.68% chance.
Is Greenwood a good place to start a business?
Among all neighborhoods in and around Seattle, Greenwood ranks #22 for business survivability, with an average ~77% chance of lasting two or more years.
- Top-performing business types at the best addresses in Greenwood show a ~10% survival rate advantage over the neighborhood average.
- Still, those same business types at weaker addresses in Greenwood can score well below the neighborhood mean. Even the most viable concept here requires the right address to reach its potential.
- With a 95.6% employment rate, Greenwood has the consumer spending foundation that supports a range of brick-and-mortar business types.
Employment and 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?
StreetSpring's Greenwood data goes block by block — not just neighborhood averages — so you know which specific storefront gives your concept the strongest foundation. StreetSpring's 2026 analysis identifies this area as the top location for a Veterinary Clinic in Greenwood:
This map shows the optimal location for a Veterinary Clinic in Greenwood based on StreetSpring's 2026 survivability analysis. These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Greenwood?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Veterinary Clinic | 81.58% |
| 2 | Grocery Store | 78.89% |
| 3 | Liquor Store | 78.68% |
| 4 | Coffee Shop | 78.33% |
| 5 | Brunch Restaurant | 77.85% |
| 6 | Deli | 77.84% |
| 7 | Mexican Restaurant | 77.73% |
| 8 | Seafood Restaurant | 77.66% |
| 9 | Hair Salon | 74.88% |
| 10 | Beauty Salon | 73.68% |
#1-5: Highest Survivability in Greenwood
- Veterinary Clinic (Ranked #1): 81.58% average in Greenwood. Best-case storefronts: ~85%. Challenging locations: ~79%.
- Grocery Store is ranked #2 for top businesses to open in Greenwood: 78.89% chance on average, best at ~83%, challenging at ~76%.
- Liquor Store — ~76%–~81% survivability range, with an average of 78.68% across Greenwood.
- Opening a Coffee Shop in Greenwood shows 78.33% average survivability. Top locations reach ~80%; lower-end sites show ~75%.
- Brunch Restaurant (Ranked #5): 77.85% average in Greenwood. Best-case storefronts: ~80%. Challenging locations: ~74%.
#6-10: Strong Performers in Greenwood
- Deli is ranked #6 for top businesses to open in Greenwood: 77.84% chance on average, best at ~80%, challenging at ~75%.
- Mexican Restaurant — ~75%–~80% survivability range, with an average of 77.73% across Greenwood.
- Opening a Seafood Restaurant in Greenwood shows 77.66% average survivability. Top locations reach ~80%; lower-end sites show ~75%.
- Hair Salon (Ranked #9): 74.88% average in Greenwood. Best-case storefronts: ~78%. Challenging locations: ~71%.
- Beauty Salon is ranked #10 for top businesses to open in Greenwood: 73.68% chance on average, best at ~76%, challenging at ~71%.
Top 3 Compared Nationally
- Veterinary Clinic — See how this compares to other cities →
- Grocery Store — See how this compares to other cities →
- Liquor 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 an address that maximizes your Revenue Capture Score in Greenwood could lead to you making ~10% more than if you selected an average location, and ~21% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Site selection requires evaluating the specific combination of your business type and the exact address — neighborhood-level data is only the starting point.
- Location is the single strongest predictor of whether a business thrives or fails.
- StreetSpring has found that selecting the location with the highest survivability score for a business is the best way to maximize the amount of money you will make.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What businesses should open next in Greenwood?
The top businesses to open next in Greenwood:
- Veterinary Clinics — 81.58% average survival rate, ~85% at the best address
- Grocery Stores — 78.89% average survival rate
- Liquor Stores — 78.68% average survival rate
These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. StreetSpring's training dataset includes millions of transactions and business lifecycle events. 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. StreetSpring's model accounts for Greenwood's 95.6% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. The data behind these rankings is updated weekly, so the best available storefront in Greenwood today may score differently than it did last month — check StreetSpring's live tool for the current picture.
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?
Based on 2026 survivability scores across all business types in Greenwood, the top three tenant categories for landlords are Veterinary Clinics, Grocery Stores, and Liquor Stores.
- Location is the single strongest predictor of whether a business thrives or fails.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Seattle Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Greenwood storefront to a Veterinary Clinic?
Yes — our 2026 model places a Veterinary Clinic at the top of the survivability rankings for Greenwood storefronts, with a best-case score of ~85% and a floor of ~79% at the most challenging addresses.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What should I consider when opening a business in Greenwood?
In Greenwood, the single most important factor in your site-selection decision is the Survivability Score of the specific address you're evaluating.
- Where survivability is highest, Revenue Capture Score is invariably strong — the two are tightly correlated across every business type we've analyzed.
- StreetSpring's proprietary algorithms power these predictions.
- StreetSpring offers free access to its survivability scores — see how your shortlisted Greenwood addresses rank right now.
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.