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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    123 Main St, Seattle, WA 98101

    2,800 SF
    Property ID
    Property summary
    AI-generated overview

    This thriving Seattle bakery and catering business, operating for over 20 years, presents a unique opportunity for acquisition. Located at 123 Main Street, Seattle, WA 98101, in King County, this 2,800 square foot establishment boasts a loyal clientele, including major Seattle tech companies. The business includes a retail cafe, providing a diverse revenue stream. On-site parking is available for customers and staff. The sale includes a branded delivery van, streamlining operations and expanding reach. Financial records reveal a strong profit of $310,000 annually, with an owner's salary of $90,000. The current lease is favorable, and payroll is manageable, contributing to the business's overall profitability and stability. The owner is retiring and relocating out of state, creating this exceptional opportunity for a new owner to step in and continue the legacy of this well-established business. This is an ideal acquisition for experienced bakers and caterers seeking a turnkey operation with significant growth potential. The business is categorized as "Business Only," and the asking price is $1,500,000.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Moonka Therapy PLLC Counselor
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    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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