$1,975,000
For Sale

5602 1st Avenue S

Seattle, WA 98108
Listing OfficeBerkshire Hathaway HS NW
Browse 40 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

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.

  • Property Details
      • InteriorCeramic Tile, Hardwood
      • Style60 - Comm Bldg Und 10K
      • Property SubtypeCommercial Industrial
      • Exterior MaterialsMetal/Vinyl, Wood
      • Date ListedFebruary 08, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Structure TypeUnspecified
      • SubdivisionGeorgetown
      • Original List Price$1,975,000
      • Property ConditionVery Good
      • Property TypePurchase
      • MLS #2197644
      • Cost1975000
      • MLS #2197644
      • Utility SourcePublic
      • Taxes Annual$8,276
      • Acres0.149
      • Year Built1932
      • CountyKing
      • Days on Market (Cumulative)318
Tom ElliottReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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