5602 1st Avenue S, Seattle, WA 98108
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- MLS#: NWM2197644 ( Commercial Sale )
- Street Address: 5602 1st Avenue S
- Viewed: 2
- Price: $1,975,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1932
- Bldg sqft: 0
- Additional Information
- Geolocation: 47.5525 / -122.334
- County: KING
- City: Seattle
- Zipcode: 98108
- Subdivision: Georgetown
- Provided by: Berkshire Hathaway HS NW
- Contact: Craig R. Roberts
- 206-932-4500
- DMCA Notice
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DescriptionBUILDING 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.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Forced Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Metal/Vinyl
- Wood
Flooring
- Ceramic Tile
- Hardwood
- Vinyl
Garage Spaces
- 0.00
Heating
- Forced Air
- Heat Pump
Insurance Expense
- 6374.00
Interior Features
- Ceramic Tile
- Hardwood
Living Area
- 0.00
Area Major
- 385 - SODO/Beacon Hill
Net Operating Income
- 111425.00
Open Parking Spaces
- 0.00
Other Expense
- 4111.00
Parcel Number
- 1722801980
Possession
- Closing
Possible Use
- Commercial
Property Condition
- Very Good
Property Type
- Commercial Sale
Roof
- Composition
- Flat
- Torch Down
Sewer
- Sewer Connected
Tax Year
- 2023
Water Source
- Public
Year Built
- 1932