5602 1st Avenue S
Seattle, WA 98108
0.15 acres | #2197644
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.
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
- Taxes Annual$11,184
- MLS #2197644
- Cost1895000
- MLS #2197644
- Utility SourcePublic
- Acres0.149
- Year Built1932
- CountyKing
- Days on Market (Cumulative)427
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-10 23:13:09. 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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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Craig R. Roberts (#NWM812)
Listing Office: Berkshire Hathaway HS NW (#NWM1771)
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