12360 Lake City Wy NE $278,000

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    12360 Lake City Wy NE Lake City, WA 98125

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1393777 | Active

    $278,000

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    Days On Market: 278 3 Views
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    Property Details

    Great opportunity to own a fully equipped Italian Restaurant and Bar in North Seattle. Conveniently located corner building on high traffic street with many walk up customers and lots business through delivery and online orders. Full Bar, Beer/wine, great food, wood fire pizza oven, over 150 indoor seating plus 20 more in Outdoor patio, lots of storage, Large kitchen with prep area that can be used for a catering business as well. Motivated seller, open for negotiation and payment options.

    • General Features
      • County King
      • Commercial Category BusinessOpportunity
      • Major Type of Business Food and Beverage
      • Business Type Restaurant
      • Business Name Villa Verdi `
      • Hours of Operation 11.00am-10.00pm
      • Franchise N
      • Year Established 2009
      • Number of Employees 8
      • Lease Terms Assignable
      • Licenses Alcohol
    • Property Features
      • Total Covered Parking 0
      • Total Uncovered Parking 50
      • Lot Square Footage 5,000
      • Location Corner
    • Financials
      • Annual Gross Sales $600,000
      • Annual Rent $86,400
      • Annual Expenses $18,000
      • Inventory $0
      • Net Proceeds $100,000

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    Neighborhood

    98125 (Lake City) Demographics

    38Median Age
    7,364Population Density (per sq. mile)
    61%College Educated
    $58,374 Estimated Median Income
    8,638Estimated Total Home Owners
    9,550Estimated Total Renters
    47% / 53%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    39,692Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $565,000 Median Sales Price
    26 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: $278,000
        5/14/2019 11:01:16 AM Price Reduced Source New Value: $278,000 -18.24%
        12/12/2018 7:41:00 PM New in Database Source New Value: $340,000

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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.