The story posted today about Tweedy & Popp Wallingford should be withdrawn as it is inaccurate and no longer current. One of the partners in the store wanted to sell his share and created the listing. His share is being purchased back by existing partners and is not for sale to the public. The listing under MLS is supposed to have been removed but the link still goes to the out-of-date status. Thank you.
I’m told in a separate email from Helix Real Estate that the agents there are working to take the listing down.
So …. If you were hoping to buy a hardware store, you will have to look elsewhere.]
Thinking of buying a hardware store and have an extra $399,000 hanging around? Well, today could be your lucky day. Tweedy and Popp at Wallingford Center is for sale. You can check out the listing here or here (if that first link won’t work).
I spoke to Paul Kim, the listing agent at Helix Real Estate, who confirmed the basic facts and provided a few details. The current owner of Tweedy’s wants to retire but wishes to see the Tweedy and Popp name live on. For your $399,000, you get the name and the hardware inventory as well as the right to continue the existing lease arrangement with Wallingford Center.
I asked Mr. Kim to put me in touch with the owner so that I could ask him or her some additional questions about the sale, but he declined. The business is licensed to Tweedy S Popp L Corporation, and as most readers will know, there are a number of Tweedy and Popp hardware stores in the Puget Sound area, for example in Lake City and Shoreline. A Google search for Tweedy and Popp turns up a LinkedIn profile for a Mike Mikkelsen who gives his job title as Partner/General Manager for the Tweedy and Popp Hardware Group. Some of these Tweedy and Popp stores seem to be affiliated with Ace Hardware while others are affiliated with True Value—franchising arrangements, I assume. Our Tweedy and Popp appears to be affiliated with True Value at the moment, but older mentions on the internet refer to it as an Ace Hardware store. So perhaps their affiliation has changed over the years. What’s odd is that a search on truevalue.com for stores in this area fails to turn up our Tweedy and Popp. A glitch, perhaps. Still, it’s all pretty mysterious for a simple hardware store.
What’s certain is that Tweedy and Popp is not just Wallingford’s oldest hardware store, it is the city’s oldest hardware store, opened way back in 1920 by P.W. Tweedy and Lou Popp according to City Data. An interesting photo of the store circa 1923 appears here in the UW Digital Collection. At the time this photo was taken, the store stood at 2108 N 45th St. – about where the CVS is now. Many will remember the relatively recent move of Tweedy and Popp from 1916 N 45th where the rug store is now, to their present location, a move assisted by many neighborhood residents, according to this article in the Seattle PI and this early article in wallyhood.
Those of you clicking through to the NWMLS listing will notice the words, “Do not talk to Tenants.” I asked Mr. Kim what this meant. Apparently, it’s an attempt to keep the employees in the dark about any impending change of ownership. So, if you’re headed in to Tweedy’s, remember, mum’s the word.