0 Turnkey Magnolia Rest/Bar/Patio w/ Great Lease
Seattle WA 98119

0 Turnkey Magnolia Rest/Bar/Patio w/ Great Lease Seattle WA 98119

Listing #: 683903 | Status: New | Last Modified: 7/16/2024 |

Laura Miller
  • Phone:(206) 351-3573
  • Email:laura@gibraltarusa.com
  • Office Name:Gibraltar, LLC
  • Office Phone:(206) 367-6080
  • Office Website:
Lex Petras
Showing Instructions
  • Call Listing AgentYes
  • Use DiscretionYes

NDA required. Please contact listing broker for more details.

Listing Information
  • Listing Date*7/9/2024 12:00:00 AM
  • Last Modified Date7/16/2024 9:56:16 AM
  • List Price250000
  • Selling Commissiongreater of 5% of sale price or $5,000
  • Lease expiration11/30/2030
  • Selling ExclusionsNo
Lease Information
  • Monthly Rent4806
  • Monthly NNN/CAM0
  • Equip Rent Mo
Business Characteristics
  • 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
Operating Information
  • Annual Gross Income1
  • Operating Expenses1
  • Net Profit0
  • Reason for Saleretiring
Selling Price Includes
  • Real PropNo
  • InventoryNo
  • Fix & EquipYes
  • Bus Phone1
  • Trade Name1
  • Excl ItemsYes
Associated Files
  • CBA Flyer
Building Information
  • 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
Special Licenses
# of Employees
  • Full Time4
  • Part Time8
Documents
  • Data Avail w/OffrYes
  • Pft/Loss State #Yrs
  • Balance Sheet
  • Schedule C #Yrs
  • YTD Oper StateYes
Proposed Terms
  • All CashYes
  • Min Down
  • Interest

Well-Established Restaurant/Bar- Below Market Rent

Public Comments

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. NDA required for this confidential listing.