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Listed by Berkshire Hathaway HS NW
$ 1,895,000
Est. payment /mo
Active
5602 1st AVE S Seattle, WA 98108
6,492 Sqft Lot
UPDATED:
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 $11,184
Lot Size 6,492 Sqft
Lot Dimensions 120 x 54
Property Sub-Type Commercial Industrial
Property Description
FULLY LEASED BUILDING FOR SALE !!! 5.96% CAP RATE!!! "Slim's Last Chance Bar". This rare free standing, fully fixtured restaurant with onsite 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. Buyer may choose to purchase Restaurant with entire operation including all property, stoves, ovens, appliances, kitchen, bar ware and fixtures (except Slim's Art and sign) OR.... seller will sign NEW five-year NNN lease on 5606. 5602 (former Pig Iron BBQ) has 4 years remaining on lease.
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.