1234 Sodo Area Seattle, WA 98134
This exceptional turnkey restaurant in Seattle's vibrant SODO area presents a lucrative investment opportunity. Boasting 3,400 square feet of well-appointed space, this established business is offered at $800,000 with a remarkable 25% capitalization rate. Built in 2022, the restaurant features a large, inviting patio, perfect for outdoor dining and expanding seating capacity during peak seasons. A large TV screen adds to the ambiance and potential for entertainment. The property's strong financial performance is evident in its impressive $200,000 Net Operating Income (NOI) generated from a total revenue of $1,400,000. Located at 1234 in the SODO area of Seattle, Washington (zip code 98134), this business benefits from high visibility and accessibility within King County. The asking price of $800,000 translates to $235.29 per square foot, reflecting the value and potential of this established and profitable restaurant. This is a rare chance to acquire a thriving business with significant upside potential in a desirable Seattle location. All financial information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.