22239 Marine View Dr S $159,999

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    22239 Marine View Dr S Des Moines, WA 98198

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1395055 | Active

    $159,999

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    Days On Market: 271 22 Views
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    Property Details

    Restaurant and Bar Moguls, its your opportunity to Purchase this Historical Landmark of Des Moines, WA. The Lighthouse Lounge has been serving patrons since 1942. The Business is Turn-key and ready for your leadership. The purchase comes with All the Bar Equipment, All the Furniture, All Kitchen Equipment, Signage and so on.

    • General Features
      • County King
      • Commercial Category BusinessOpportunity
      • Major Type of Business Food and Beverage, See Remarks
      • Business Type Restaurant and bar
      • Business Name Lighthouse Lounge
      • Hours of Operation 11am-2am
      • Franchise N
      • Year Established 1942
      • Number of Employees 6
      • Lease Terms Assignable, 3-5 Years
      • Licenses Alcohol, Gaming
    • Property Features
      • Total Covered Parking 0
      • Total Uncovered Parking 16
      • Lot Square Footage 6,000
      • Location Corner, See Remarks
    • Financials
      • Annual Gross Sales $540,104
      • Annual Rent $44,400
      • Annual Expenses $282,600
      • Inventory $22,000
      • Net Proceeds $257,504

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    Neighborhood

    98198 (Des Moines) Demographics

    38Median Age
    4,724Population Density (per sq. mile)
    33%College Educated
    $57,884 Estimated Median Income
    7,322Estimated Total Home Owners
    6,060Estimated Total Renters
    55% / 45%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    36,768Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $403,750 Median Sales Price
    46 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: $159,999
        8/5/2019 9:51:07 AM Price Reduced Source New Value: $159,999 -11.11%
        12/20/2018 6:31:00 AM New in Database Source New Value: $180,000

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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.