LISTING DETAILS

Buzz Inn Steakhouse - Development Site

3121 Broadway Everett WA 98201

Listing #: 678612 | Status: Pending | Last Modified: 5/9/2024

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income2,448,237
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income2,448,237
CAP Rate1.95 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings2
# of Floors2
# of Units0
Total Building SF13,102 SF
Net Rentable Area6,971 SF
Total Office SF0 SF
Largest Contiguous SF6,500 SF
Lot SF18,295 SF
Acres0.42
Year Built1957
Construction TypeConcrete
Property Type
Property TypeRetail
Location
CountySnohomish
Cross StreetPacific Ave
Market AreaEverett
Tax ID #00439074200200
ZoningMU

Buzz Inn Steakhouse - Development Site

Public Comments

One of the largest restaurants in Everett, the Buzz Inn Steakhouse is strategically located in the heart of downtown Everett within walking distance to the Courthouse, Angel of the Winds Areana and easy access to Interstate-5. Formerly Petosa's and Alligator Soul, current Owner extensively remodeled building in 2015 with capital expenditures of $600,000. Beyond interior & cosmetic updates, some of the other features include a remote control security parking gate off of alley and 3 new HVAC units on the roof. Current operations include three (3) meals per day, lounge and gambling activities (38 pull-tab games & 4 poker games 3 times per week). Operating Hours daily are: 6:00 AM to 10:00 PM (Sunday close at 9:00 PM). Excellent development site as well with aggressive MU (Mixed Urban) zo

Public Building Comments

Restaurant in prime location just a few short blocks from the Everett Comcast Events Center. Approximately 6900 sq ft above ground plus full basement. Plenty of parking. Nearly 1/2 acre commercial lot.

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Restaurant

Buzz Inn Steakhouse - Development Site
3121 Broadway Everett WA 98201

Listing #: 678612 | Status: Pending | Listing Date: 3/8/2024 | Last Modified: 5/9/2024 | Email Listing

For Sale

Buzz Inn Steakhouse - Development Site

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