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    15310 Main St Mill Creek, WA 98012

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    For Sale
    $800,000

    Restaurant and bar building with land lease until 2045.

    Property size:
    6,272 SF

    Property Features for 15310 Main St

    General Information

    Standard status
    Active
    Size
    6,272 SF

    Building Details

    Year built
    2006

    Source: SKYLINE PROPERTIES, INC. Agent NATHAN BELO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar Opportunity

    This property, originally built as a Boston Pizza, features a bar and restaurant setup. It includes two type 1 hoods and one type 2 hood designed for a pizza oven. The building is equipped with two walk-in coolers and one walk-in freezer. A separate bar area is present, along with an outdoor fenced patio that includes gas heaters. The property offers the potential for retail use, with less than 1,000 square feet suitable for a grocery or deli. The land lease is in effect until December 31, 2045. Pro-forma lease rate is at $38 per year. Seller financing is available at 8%. The property size is 6,272 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mill Creek
    County
    Snohomish
    State
    Washington
    Longitude
    -122.2205557
    Latitude
    47.8589147

    Nearby Similar for Sale

    • $7,390,000

      Creekside Professional Building Investment Opportunity

      Turnkey, 100% occupied building with durable income and NNN leases.
      16504 9Th Ave SE, Mill Creek, WA 98012
      View Details
    • $2,888,888
      3,000 SF

      Chase Bank NNN Ground Lease

      Everett, WA: Prime Bank Investment
      0 16Th Ave, Mill Creek, WA 98208
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant and bar building with land lease until 2045.
    Where is this restaurant located?
    The property is located at 15310 Main St Mill Creek, WA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Existing restaurant infrastructure: Includes 2 type 1 hoods, 1 type 2 hood, 2 walk-in coolers, and 1 walk-in freezer.; - Land lease in place until 2045.; - Enjoy the outdoor fenced patio with gas heaters.
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    Mill Creek, WA 98012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15310 Main St Mill Creek, WA 98012
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