Prepared by https://www.commercialmls.com
Listing #: 698459 | Status: Available | Last Modified: 3/11/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | Yes |
| Use Discretion | No |
| Listing Information | |
|---|---|
| Listing Date* | 6/10/2025 12:00:00 AM |
| Last Modified Date | 3/11/2026 4:36:13 PM |
| List Price | 300000 |
| Selling Compensation | 2.5% |
| Lease expiration | 05/31/2032 |
| Selling Exclusions | False |
| Business Characteristics | |
|---|---|
| Type/Name of Bus | Wedding Venue / Private Party Catering |
| Year Established | 2012 |
| Leasable SF | 7,543 SF |
| # of Parking Available | 46 |
| Seating Capacity | 241 |
| Living Quarters | False |
| Operating Information | |
|---|---|
| Annual Gross Income | 900000 |
| Operating Expenses | 395000 |
| Net Profix | 505000 |
| Associated Files | |
|---|---|
| OM Flyer | |
| CBA Flyer | |
| Building Information | |
|---|---|
| Building Name | The Canal |
| Category | Service |
| Address | 5300 34th Ave NW Seattle, WA 98107 |
| County | King |
| Market Area | 100-All Seattle |
| # of Employees | |
|---|---|
| Full Time | 2 |
| Part Time | 4 |
| Documents | |
|---|---|
| Data Avail w/Offer | Yes |
| YTD Offer State | Yes |
This is an incredible opportunity to become a partner in one of Seattle's premier wedding and private event companies. The Canal is a highly profitable event business located in one of the most beautiful waterfront venues in Ballard. With events on the books all the way out to 2027, they are looking for a partner with industry experience or enthusiastic restaurateur/investor.