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    4 Roy St Seattle, WA 98119

    Sponsored
    For Sale
    $500,000

    Established Japanese Restaurant, High ROI

    Property size:
    2,405 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving Japanese restaurant in Seattle's Queen Anne neighborhood is offered for sale at $500,000. Boasting 2,405 square feet, the property enjoys a prime location with excellent visibility and customer parking, attracting both locals and tourists, including those attending Climate Pledge Arena events. Established for decades, the restaurant has cultivated a loyal customer base and stellar reputation for authentic Japanese cuisine and exceptional service. The turnkey operation includes a fully equipped kitchen and well-trained staff, with the seller offering employee training for a smooth transition. Financial records demonstrate consistent strong performance, even throughout the pandemic. A 40% cap rate and $200,000 NOI highlight the significant investment potential. Opportunities for growth exist through online marketing and expanded operating hours. This is an exceptional opportunity to acquire a well-established, profitable business in a highly desirable location.

    Property Features for 4 Roy St

    General Information

    Property type
    Investment properties
    Square Feet
    2,405 SF

    HighLights

    • $500,000 asking price for this established Seattle restaurant.
    • 2,405 square feet of space, priced at $207.90 per square foot.
    • 40% cap rate with a $200,000 net operating income (NOI).
    • Turnkey operation in the Queen Anne neighborhood of Seattle, WA, with existing staff and loyal customer base.
    • Owner/user investment opportunity with potential for growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shiki Japanese Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.35726864196
    Latitude
    47.625717530408

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    FAQs

    What type of property is this?
    Investment property - Established Japanese Restaurant, High ROI
    Where is this investment property located?
    The property is located at 4 Roy St Seattle, WA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for this established Seattle restaurant.; 2,405 square feet of space, priced at $207.90 per square foot.; 40% cap rate with a $200,000 net operating income (NOI).
    (206) 283-5212
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    4 Roy St Seattle, WA 98119
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    Seattle, WA 98119
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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
    4 Roy St Seattle, WA 98119
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