5602 1st Avenue S, Seattle, WA 98108 (MLS # 2197644)

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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS NW

PRICE $1,975,000 dsIDX morgage calculator
SIZE 3,698 sqft
LOT SIZE 6,491 sqft

BUILDING AND RESTAURANT FOR SALE: 5.6% CAP RATE!!! Fully operational and open. "Slim's Last Chance Bar". Entire operation including all property, stoves, ovens, appliances, kitchen, bar ware & fixtures are included (Except Slim's Art and sign). TURN KEY OPPORTUNITY. This rare free standing, fully fixtured restaurant with on site parking offers kitchen with type 1 hood, outdoor patio/dining & includes sound system for 2 stages. Highly visible corner location with prime 120 ft. of frontage on 1st Ave S. Slim's Last Chance Saloon has been named in Diner, Drive ins and Dives and made famous by travel Channel and food Paradise. Includes newly signed five year NNN lease on 5602 & new 6 month pre-paid lease on 5606. Great opportunity.

DAYS ON MARKET 101 LAST UPDATED 2/8/2024
TRACT Georgetown YEAR BUILT 1932
COMMUNITY Georgetown COUNTY King
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 385 - SODO/Beacon Hill
BUYER'S BROKERAGE COMPENSATION 2.5
CONSTRUCTION Vinyl Siding, Wood Siding
HEAT Forced Air, Heat Pump, Natural Gas
INTERIOR Ceramic Tile, Hardwood
LOT 6490 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 120 x 54
STYLE 60 - Comm Bldg Und 10K
SUBDIVISION Georgetown
TAXES 8276
UTILITIES Sewer Connected
WATER Public
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/18/24 12:23 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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