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Property profile & analytics
OFF-MARKET
Commercial real estate

1234 Sodo Area Seattle, WA 98134

3,400 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 3,400 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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