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    0 N 1ST Ave

    Seattle, WA 98121
    • $350,000
    • STATUS: Active
    • ON SITE: 162 days
    • ID#: 1558723
    UPDATED: 60 min ago
    $350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Listing Courtesy of The Preview Group.

    Description

    Recently renovated gorgeous Bar and Restaurant on a highly visible corner along busy 1st Ave in Belltown. Owner just spent hundred of thousands on equipment, furniture, and Bar counter upgrading so it is a turn-key opportunity. Easily access to Downtown water front. Bar is 1600 sf, with 3.5 years left on lease and 1 5-year option. Annual revenue about $465,000. Employees are not aware of the sale, please contact listing office for questions. Tours by appointments with listing firm.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Original Penny Team | John L. Scott Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-08T09:13:19.13.

    www.viewwastatehomes.com/homes/102631676
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    0 N 1ST Ave Seattle, WA 98121

    • Price: $350,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 1558723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Belltown
    County:
    King
    Area:
    Belltown/Downtown Seattle
    Property Description
    Recently renovated gorgeous Bar and Restaurant on a highly visible corner along busy 1st Ave in Belltown. Owner just spent hundred of thousands on equipment, furniture, and Bar counter upgrading so it is a turn-key opportunity. Easily access to Downtown water front. Bar is 1600 sf, with 3.5 years left on lease and 1 5-year option. Annual revenue about $465,000. Employees are not aware of the sale, please contact listing office for questions. Tours by appointments with listing firm.
    Exterior Features

    Building Condition Good Location Corner Total Covered Parking Spaces 1 Total Uncovered Parking Spaces 0

    Property Features

    Annual Expenses 283843 Annual Gross Sales 465000 Annual Rent 87000 Bank Owned No Business Name Undisclosed Business Type Restaurant And Bar Employees 6 Equipment 0 Equipment Value 65858 Form17 Exempt Franchise N Goodwill Value 85000 Home Owner Dues 0 Hours Of Operation 10 Inventory Value 29864 Lease Terms 3-5 Years Leased Items Y Licenses Alcohol Liens Or Mortgages N Lot Number 0 Major Business Type Food & Beverage Net Proceeds 94156 Possession Closing Real Estate Value 0 Real Property Lease Only Signage Y Terms Cash Out Third Party Approval Required None Year Established 2019 Years Current Owner In Business 1

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Original Penny Team | John L. Scott Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Original Penny Team | John L. Scott Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-08T09:13:19.13.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1558723_01.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1558723_01.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1558723_01.jpg
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    The Original Penny Team | John L. Scott Real Estate
    19723 10th Ave NE, Ste 200
    Poulsbo WA, 98370
    Listing Courtesy of The Preview Group.