10231 16th Ave SW $850,000

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    10231 16th Ave SW Seattle, WA 98146

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1366787 | Pending

    $850,000

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    Days On Market: 333 0 Views
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    Property Details

    Turn-key restaurant on bustling 16th Ave in SW Seattle. This site currently has an existing 2575 sqft retail/restaurant space generating about 345K per year. The surrounding neighborhood includes a new Starbucks, new construction row homes & a growing number of small businesses & restaurants. This location is also shadow-anchored by McLendons Hardware across the street. Special overlay (CB-SO) zoning w/potential for restaurant, retail, catering, commissary, etc. - Buyer to verify.

    • General Features
      • County King
      • Commercial Category BusinessOpportunity
      • Major Type of Business Food and Beverage, Retail
      • Business Type Restaurant
      • Hours of Operation 11am-10pm Mon-Sat
      • Franchise N
      • Year Established 1970
      • Number of Employees 5
      • Licenses Alcohol
    • Property Features
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Lot Square Footage 9,500
      • Location Free Standing
    • Financials
      • Annual Gross Sales $345,956
      • Annual Rent $0
      • Annual Expenses $182,550
      • Inventory $5,000
      • Net Proceeds $0

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    Neighborhood

    98146 (Seattle) Demographics

    38Median Age
    5,902Population Density (per sq. mile)
    36%College Educated
    $60,137 Estimated Median Income
    5,812Estimated Total Home Owners
    3,858Estimated Total Renters
    60% / 40%Estimated Owner / Renter Divide
    1Estimated Average Household Size
    27,456Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $511,900 Median Sales Price
    43 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $850,000
        7/30/2019 6:31:11 PM Status Changed Source New Value: Pending
        6/14/2019 9:01:05 PM Status Changed Source New Value: Pending Feasibility
        3/7/2019 11:40:58 PM Price Reduced Source New Value: $850,000 -5.56%
        9/25/2018 4:41:00 PM New in Database Source New Value: $900,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.