0 Turnkey Magnolia Rest/Bar/Patio w/ Great Lease
Seattle WA 98119
Listing #: 683903 | Status: Available | Last Modified: 12/17/2024 |
- Phone:(206) 351-3573
- Email:laura@gibraltarusa.com
- Office Name:Gibraltar, LLC
- Office Phone:(206) 367-6080
- Office Website:
- Agent Phone:(206) 618-8462
- Agent Email:lexp@gibraltarusa.com
- Call Listing AgentYes
- Use DiscretionYes
NDA required. Please contact listing broker for more details.
- Listing Date*7/9/2024 12:00:00 AM
- Last Modified Date12/17/2024 11:29:15 AM
- List Price250000
- Selling Compensationgreater of 5% of sale price or $5,000
- Lease expiration06/29/2026
- Selling ExclusionsNo
- Monthly Rent4806
- Monthly NNN/CAM0
- Equip Rent Mo
- Type/Name of BusDesirable North Magnolia Restaurant/Bar
- Hours of Operation
- Days Open7 days per week
- Year Established1988
- Leasable SF3882
- # of Parking Available100
- Seating Capacity99
- Living QuartersNo
- Living Quarters Descr
- Annual Gross Income1
- Operating Expenses1
- Net Profit0
- Reason for Saleretiring
- Real PropNo
- InventoryNo
- Fix & EquipYes
- Bus Phone1
- Trade Name1
- Excl ItemsYes
- CBA Flyer
- Building NameTurnkey Magnolia Rest/Bar/Patio w/ Great Lease
- CategoryFood and Beverage
- Address0 Turnkey Magnolia Rest/Bar/Patio w/ Great Lease
Seattle, WA 98119 - CountyKing
- Vicinity
- Market Area145-Queen Anne/Magnolia
- TB Map Grid
- Other Map Page
- Zoning
- Full Time4
- Part Time8
- Data Avail w/OffrYes
- Pft/Loss State #Yrs
- Balance Sheet
- Schedule C #Yrs
- YTD Oper StateYes
- All CashYes
- Min Down
- Interest
Well-Established Restaurant/Bar- Below Market Rent
Classic Seattle restaurant/bar with below market rent. Large, sun-drenched outdoor patio with seating for 50. Take over existing, well-established concept, or bring your own! Large windows on 2 sides with views, high ceilings, abundant natural light. Fully equipped kitchen with 10' type 1 hood, large walk-in cooler, full bar with 21 beer taps, storage and office space. Seating for 99 inside. HVAC. Abundant free surface parking. New five year lease available. NDA required for this confidential listing.