Property profile

2536 Alki SW Ave Seattle, WA 98116

OFF-MARKET
Turn key restaurants
Property ID
US90-1153872
812 SF 0.11 ac lot Built 1943
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1943
Construction WOOD
Total area 812 SF
Lot 0.11 ac (4,692 SF)
Zoning code NC1-40 (M)
APN 765240-0070
UPID US90-1153872

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Production Facility Brewery & Distillery
  • Law Firm
  • Advertising Agency Marketing & Advertising
  • Business Management Consultant

Location

2536 Alki SW Ave Seattle, WA 98116-2262
Seattle metro Census 9701 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M

Owner & transaction history

since 2023
Last sale
$2.0M
7 recorded transactions
2023
$2.0M
2016
$1.7M
2008
Price N/A
1998
$990,000
1997
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NC1-40 (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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