Address Map

Country : USA

State : Washington

County : King

City : Seattle

Zipcode : 98104

Street : Occidental Ave

Street Number : 224

Longitude : W123° 40' 2.4''

Latitude : N47° 36' 1.6''

StreetDirPrefix : S

Additional Information

Agent Name : Hau Nguyen

ListAgentMlsId : 26030

ListOfficeMlsId : 1006178

Property Name : Muse Lounge Seattle

Market Area : All Seattle

Company Zip : 98409

Company State : WA

Company City : Tacoma

Company Address : 5418 South Tacoma Way

# of Full Time Employees : 16

# of Part Time Employees : 4

Selling Office Commission : 4%

All Cash : Yes

Assignable : Yes

Balance Sheet Years Avaliable : 2

Beer/Wine License : Yes

Class H License : Unknown

Commission Exclusions : No

Current Owner Years : 2

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : No

Gambling License : Unknown

Includes Living Quarters : No

Inventory Included : No

Lease Expiration Date : 6/15/2032 12:00:00 AM

Leaseable Square Feet : 7183

Member Comments : Must call/email LB for showings or ?, (24H notice,

Minimum Down : 30%

Monthly NNN/CAM : 6584

Monthly Rent : 148700

Net Profit : 1163287

No Special License : Unknown

Operating Hours : 60

Operating Information : Actual

Ownership Type : LLC

Parking Total : 0

PDF URLs : /photos/pdf/bo/675758_3.pdf|/photos/pdf/bo/675758_4.pdf|/photos/pdf/bo/675758_5.pdf|/photos/pdf/bo/6

Phone System Included : Yes

Professional License : Unknown

Profit/Loss Years Avaliable : 2

Real Property : No

Renewal Option : No

Rent Increase : 2.5%

Seating : 170

Seller Terms : Yes

TradeName : No

Use Discretion : No

Year to Date Statement Available : Unknown

Yearly Operating Expense : 1787506

Yearly Operating Income : 2950793

extra_data/Asset Class : Food and Beverage

Property Description

New on market, Location, Location. Once in a lifetime opportunity to own this Successful High Profitable, WellKnown Restaurant-Bar located in Pioneer Square, Most Walkable neighborhood-Heart of DT Seattle, Corner of Occidental&Main. This 7,183SF Rest/Bar, built new in 2017 approx. $1.8M, has AlFresco lunch/dining, Full liquor/beer/wine Bar offers Live Music, POS Processing, ADA access, Sprinklers, HVAC, 24F DoubleHood Type I, storages, Private Office, Employee Lockers, 20F+ Ceiling with newer exhaust system, underground grease/food trap, Indoor Unload Zone-Garbage Enclosure back Garage, potential cash flow revenue growth yearly. Walking distance to stadiums Lumen Field, T-Mobile Park with all Pro Sport National/International Events. Please come and see.