When I grow up ...
When I grow up ...
Are you sure they do well? Sales might have severely dropped, though those shops might still be coasting off old stock (think about the well-stocked bookshops in the tourist ghettos of Nepal or India: so much of what they are selling was accumulated in the 1990s, and they are still trying to sell it).
Along the same lines, I am traveling at the moment and just recently was chatting with another backpacker about the declining amount of used books for tourists to take in hostels and guesthouses. When a decade ago one might have seen multiple shelves of books for exchange, that phenomenon is disappearing. The fact that most people read on their phones these days, and the other passionate readers are likely to own Kindles, is likely the cause of this.
[0] https://en.wikipedia.org/wiki/Powell%27s_Books#20th_century
But the location - oh man. You could do so much with that pitch - coffee, lounging areas, right next to a dozen restaurants. It's almost a crime it's not properly done.