622 5th S Ave Edmonds, WA 98020-3404
- Retail space
- 2,550 SF
- 0.16 lot acres
Current Use by Public Records
- Barkada Edmonds / Filipino Restaurant / Bar
- Sally's Yogi / Yoga Studio
Property Details for 622 5th S Ave
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 2,550 SF
- Zone code
- E0
- Property type
- Retail space
- APN
- 409600201200
- APU
- 409600201200
Description
This thriving restaurant and bar, located in the heart of downtown Edmonds, Washington, presents a unique opportunity for a savvy investor. Priced at $75,000, this established business boasts a prime location at 622 5th Ave S, Edmonds, WA 98020, within Snohomish County. The property encompasses a single, two-story building with a total of 1,734 square feet. The layout includes a cozy main floor bar and dining area, a fully equipped kitchen, and additional kitchen/prep space on the second level. Upstairs also features an office and ample on-site storage. The current configuration comfortably seats 49 patrons indoors and an additional 48 on the outdoor patio, making it a popular happy hour destination. The sale is a business-only transaction and does not include the brand name or recipes. This is a Net Net Net (NNN) lease, single-tenancy property, representing a rare chance to acquire an established, profitable business in a vibrant downtown setting. The property's strong reputation and established clientele base provide a solid foundation for continued success. This turnkey operation allows for immediate revenue generation, minimizing the start-up time and costs often associated with new ventures. Don't miss this exceptional opportunity to own a piece of Edmonds' thriving culinary scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edmonds
- County
- Snohomish
- State
- Washington
- Longitude
- -122.378
- Latitude
- 47.8051
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
