REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Berkshire Hathaway HS NW
$ 1,975,000
Est. payment /mo
Active
5602 1st AVE S Seattle, WA 98108
6,492 Sqft Lot
UPDATED:
12/20/2024 08:14 AM
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
Lot Dimensions 120 x 54
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
Interior Features Ceramic Tile, Hardwood
Flooring Ceramic Tile, Hardwood, Vinyl
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood
Roof Type Composition,Flat,Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
"Three Trees" icon indicates a listing provided courtesy of NWMLS.