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Property profile & analytics

4741 12th NE Ave Seattle, WA 98105-4401

  • Investment properties
  • 2,832 SF
  • 0.07 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US90-1017864
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sichuan Hot Pot / Hot Pot Restaurant

Property Details for 4741 12th NE Ave

Year built
1907
Construction
FRAME
Lot size
0.07 lot acres
Property size
2,832 SF
Zone code
SM-U 75-240 (M1)
Property type
Investment properties
Property subtype
Live-work space
APN
674670-0990
APU
6746700990

Description

This exceptional business opportunity is located in Seattle's vibrant University District at 4741 12th Avenue NE, on a 0.06-acre lot. The freestanding building offers approximately 2800 square feet of space, perfectly suited for a restaurant or similar food service establishment. The property boasts a fully equipped commercial kitchen, ready for immediate operation. Key features include a type one hood system, a walk-in cooler, and a walk-in refrigerator. Recent upgrades include a new ice maker, meat grinder, a specialized spicy hotpot cabinet, a six-burner stove, and a new air conditioning system. The spacious layout comfortably accommodates over 60 seats, providing ample room for diners. Benefiting from significant street traffic, this location presents a prime opportunity for an entrepreneur to launch their own unique culinary concept. This is an independent business, not a franchise, offering complete freedom and flexibility to establish a personalized brand and menu. The property is priced at $139,000, representing a compelling investment in a high-demand area. This turnkey operation eliminates the need for extensive renovations or equipment purchases, allowing for a swift and efficient start-up. The high volume of foot traffic in the University District ensures a strong potential customer base.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.316
Latitude
47.6643
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,924
$1,800,000
$1,000
$1,801,000
-
$1,800,000
$1,000
$1,801,000
More about this property
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