4741 12th NE Ave Seattle, WA 98105-4401
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.
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Sichuan Hot Pot Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
SM-U 75-240 (M1) · Seattle, WASeattle. Always verify with local authorities before improvements.
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.