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Listing #: 705284 | Status: New | Last Modified: 11/17/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | Yes |
| Use Discretion | Yes |
| Listing Information | |
|---|---|
| Listing Date* | 11/14/2025 12:00:00 AM |
| Last Modified Date | 11/17/2025 2:35:18 PM |
| List Price | 175000 |
| Selling Compensation | greater of 5% of sale price or $5,000 |
| Lease expiration | 06/29/2039 |
| Selling Exclusions | False |
| Lease Information | |
|---|---|
| Monthly Rent | 5846 |
| Monthly NNN/CAM | 2202 |
| Business Characteristics | |
|---|---|
| Type/Name of Bus | Cheers! Hong Kong |
| Days Open | 6 days per week |
| Year Established | 2024 |
| Leasable SF | 2,006 SF |
| # of Parking Available | 2 |
| Seating Capacity | 58 |
| Living Quarters | False |
| Operating Information | |
|---|---|
| Annual Gross Income | 1 |
| Operating Expenses | 1 |
| Net Profix | 0 |
| Reason for Sale | focus on other business |
| Selling Price Includes | |
|---|---|
| Real Prop | False |
| Inventory | False |
| Fix & Equip | True |
| Bus Phone | 1 |
| Trade Name | 1 |
| Excl Items | True |
| Associated Files | |
|---|---|
| Cheers HK flier | |
| CBA Flyer | |
| Building Information | |
|---|---|
| Building Name | North Capitol Hill Turnkey Restaurant/Bar |
| Category | Food and Beverage |
| Address | 618 Broadway Seattle, WA 98122 |
| County | King |
| Market Area | 110-Capitol Hill/First Hill |
| # of Employees | |
|---|---|
| Full Time | 3 |
| Part Time | 4 |
Contact broker to tour. Do not disturb owner or employees.
This north Broadway gem is located at the intersection of Broadway and East Roy. Visitors and locals alike flock to this colorful, urban scene where streets boast a metropolitan buzz packed with hip bars, eateries, laid back coffee shops and indie stores. Capitol Hill has a vibrant music and arts scene, amazing parks and an endless number of cool blocks to explore. The neighobrhood boasts a dense residential population, and incredible pedestrian and vehicle traffic. Located within a single-story, 1900's brick building, this turn-key neighborhood restaurant and bar features a vivid, character-rich space with large storefront windows, high ceilings, custom banquets and full bar. Kitchen features 11 foot Type 1 hood and walk-in cooler. Seating for 58. HVAC. $150K of interior and equipment upgrades in the last year including: new tables and booths, flooring, security cameras, alarm system, compressor for walk-in cooler, dishwashers, double door freezers, speakers, POS system and renovated restrooms. Mezzanine offers a private dining area with seating for 10, restroom, and storage. Seating for 58 Adjacent to 22 vehicle pay parking lot. Lease includes 2 parking passes (included in rent).
Listing #: 705284 | Status: New | Listing Date: 11/14/2025 | Last Modified: 11/17/2025 | Email Listing





