David,
Sounds like you've found yourself a nice situation. Georgetown is probably the last enclave left. The other transitional artsy neighborhoods, like Fremont and Belltown have be gentrified, condo-ed, and otherwise made unaffordable. The nice thing about Georgetown is being on the approach to Boeing Field and the port traffic make it a less desireable place to start dropping in condos. We just need to keep the city from siting all the undesireable projects there (sewage processing plants, sex-offender housing, strip clubs, etc.). All the work they're going to do on the Alaskan Way viaduct are going to keep house prices and rents down (relative to the rest of the market) for the next few years.
I'll have to check out your shop when you're part of the art walk. Again, welcome back.