4 Roy St Seattle, WA 98119
- Commercial real estate
- 2,405 SF
Current Use by Public Records
- Shiki / Restaurant
Property Details for 4 Roy St
- Property size
- 2,405 SF
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.357
- Latitude
- 47.6257
