5602 1st AVE S Active

Seattle,WA 98108

$ 1975000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Georgetown

MLS Listing ID 2197644

Style 60 - Comm Bldg Und 10K

Year Built 1932

Annual Tax Amount $8,276

Lot Size 6,492 Sqft

Property Description

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.

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Flooring Ceramic Tile,Hardwood,Vinyl

Exterior

Exterior Feature Metal/Vinyl,Wood

Roof Type Composition,Flat,Torch Down

Building

Sewer Sewer Connected

Water Public

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

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