Address Map

Country : USA

State : Washington

County : King

City : Seattle

Zipcode : 98104

Street : Occidental Ave

Street Number : 224

Longitude : W123° 40' 3.1''

Latitude : N47° 36' 0.8''

Additional Information

Agent Name : Hau Nguyen

ListAgentMlsId : 26030

ListOfficeMlsId : 1006178

Property Name : Muse Lounge Seattle

Market Area : S. Seattle

Company Zip : 98409

Company State : WA

Company City : Tacoma

Company Address : 5418 South Tacoma Way

# of Full Time Employees : 15

# of Owners : 2

Selling Office Commission : 4%

All Cash : No

Assignable : Yes

Beer/Wine License : Yes

Class H License : Unknown

Commission Exclusions : No

Current Owner Years : 3

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : No

Gambling License : Unknown

Includes Living Quarters : No

Inventory Included : No

Leaseable Square Feet : 7183

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

Minimum Down : 300000

Monthly NNN/CAM : 10041

Monthly Rent : 14964

Net Profit : 500477

No Special License : Unknown

Operating Hours : 46

Operating Information : Unknown

Ownership Type : LLC

Parking Total : 0

Percent Interest : 7.00

Phone System Included : Yes

Professional License : Unknown

Profit/Loss Years Avaliable : 2024

Real Property : No

Renewal Option : Yes

Seating : 170

Seller Terms : Yes

TradeName : No

Use Discretion : Yes

Year to Date Statement Available : Unknown

Yearly Operating Expense : 1595713

Yearly Operating Income : 2096190

extra_data/Asset Class : Food and Beverage

Property Description

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