Property profile

2516 Cherry St Seattle, WA 98122

OFF-MARKET
Bars & Pubs
Property ID
US90-0198365
2,621 SF 0.09 ac lot Built 1955
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,621 SF
Lot 0.09 ac (4,000 SF)
Zoning code NC1-55 (M)
APN 684070-0210
UPID US90-0198365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2516 Cherry St Seattle, WA 98122
Seattle metro Census 8800 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2015
4 recorded transactions
2025
Price N/A
2015
$820,000
1999
$400,000
1969
Price N/A

Zoning & alternative use

NC1-55 (M) · Seattle, WA
Zoning description

The intent of this district is to promote neighborhood commercial activities, to support or encourage a small shopping area that provides primarily convenience retail sales and services to the adjoining residential neigh…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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