2801 E Cherry St $145,000

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    2801 E Cherry St Seattle, WA 98122

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1527703 | Active
    Days On Market: 48 4 Views
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    Property Details

    Great turn key business opportunity! This is a well established restaurant with consistent clientele. Complete commercial kitchen, ample seating area, full bar and lounge area, music/performance stage equipped with exceptional Bose Sound System, large screen and 2 more screens in bar area. Off street customer parking as well as street parking available. Step in to continue this profitable business or bring your ideas for additional income. A lot of potential here.

    • General Features
      • County King
      • Commercial Category BusinessOpportunity
      • Business Type Restaurant
      • Franchise N
      • Hours of Operation 11AM-11PM
      • Lease Terms 3-5 Years
      • Licenses Alcohol
      • Major Type of Business Food and Beverage
      • Number of Employees 4
      • Selling Office Commission 5%
      • Year Established 2001
    • Property Features
      • Location Corner
      • Lot Square Footage 4,397
      • Total Covered Parking 0
      • Total Uncovered Parking 8
    • Financials
      • Annual Gross Sales $190,500
      • Annual Rent $39,600
      • Annual Expenses $138,000
      • Inventory $0
      • Net Proceeds $52,500

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    Neighborhood

    98122 (Seattle) Demographics

    32Median Age
    15,318Population Density (per sq. mile)
    72%College Educated
    $65,339 Estimated Median Income
    5,628Estimated Total Home Owners
    11,491Estimated Total Renters
    33% / 67%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    35,445Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $817,000 Median Sales Price
    34 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: $145,000
        10/4/2019 1:32:00 PM New in Database Source

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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.