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Listing #: 702744 | Status: Available | Last Modified: 11/6/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | Yes |
| Use Discretion | Yes |
| Listing Information | |
|---|---|
| Listing Date* | 9/18/2025 12:00:00 AM |
| Last Modified Date | 11/6/2025 11:33:37 AM |
| List Price | 295000 |
| Selling Compensation | greater of 4% of the sale price, or $5,000 |
| Lease expiration | 12/30/2042 |
| Selling Exclusions | False |
| Lease Information | |
|---|---|
| Monthly Rent | 6888 |
| Monthly NNN/CAM | 3144 |
| Business Characteristics | |
|---|---|
| Type/Name of Bus | Iconic Seattle Gem with Prime Location |
| Year Established | 1999 |
| Leasable SF | 2,786 SF |
| Living Quarters | False |
| Operating Information | |
|---|---|
| Annual Gross Income | 1 |
| Operating Expenses | 1 |
| Net Profix | 0 |
| Reason for Sale | retiring |
| Selling Price Includes | |
|---|---|
| Real Prop | False |
| Inventory | False |
| Fix & Equip | True |
| Bus Phone | 1 |
| Trade Name | 1 |
| Excl Items | True |
| Building Information | |
|---|---|
| Building Name | Rare Gem, Coveted Location Restaurant/Bar |
| Category | Food and Beverage |
| Address | 0 Undisclosed Seattle, WA 98115 |
| County | King |
| Market Area | 135-N. Seattle |
| # of Employees | |
|---|---|
| Full Time | 5 |
| Part Time | 10 |
| Documents | |
|---|---|
| Data Avail w/Offer | Yes |
| YTD Offer State | Yes |
| Proposed Terms | |
|---|---|
| All Cash | Yes |
NDA required. Please contact broker for more details.
Highly regarded and long-standing, this chef-driven restaurant and bar is known for its refined cuisine, exceptional service, and loyal customer base cultivated over many years. Situated in a coveted, high-visibility location with strong foot traffic and picturesque views, the establishment has earned recognition from both local and national publications. The space features a fully equipped chef’s kitchen with a Type 1 hood, a full bar, and seating for 65 indoors plus an additional 25 on the outdoor patio. Onsite customer parking enhances accessibility with 19 shared stalls (evening only - shared with retail co-tenant) plus 3 employee stalls. Ideal for an operator to bring a new concept or continue the successful existing model. Significant upside potential in expanding hours of operation and adding breakfast, lunch, or brunch service.