Provided by NWMLS, Listed by Berkshire Hathaway HS NW

Active

5602 1st Avenue S, -2403

Seattle WA, 98108

$1,975,000


Active

Commercial

Built in 1932

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.

2197644

MLS ID

February 8, 2024

Listed

December 20, 2024

Updated

Map

5602 1st Avenue S, -2403
Seattle WA, 98108

Interior Features

Interior Features

Ceramic Tile, Hardwood


Floor Description

Ceramic Tile, Hardwood, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Forced Air


Heating

Yes


Heating Description

Forced Air, Heat Pump

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

Metal/Vinyl, Wood


Roof

Composition, Flat, Torch Down


Sewer

Sewer Connected

Other Property Details

Area Name

385 - SODO/Beacon Hill


Taxes

$8,276


Tax Frequency

Annually


Garage

No


Parking Total

20


View

No


County

King


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/21/2024 at 3:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated on 12/21/2024 at 3:00 PM UTC 

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