Address Map

Country : US

State : Washington

County : King

City : Seattle

Zipcode : 98107

Street : 34th Ave NW

Street Number : 5300

Longitude : W123° 35' 59.8''

Latitude : N47° 40' 1.3''

Additional Information

Agent Name : Harper Grieve

ListAgentMlsId : 38927

ListOfficeMlsId : 935500

Property Name : The Canal

Market Area : All Seattle

Company Zip : 98121-2110

Company State : WA

Company City : Seattle

Company Address : 2110 Western Ave

# of Full Time Employees : 2

# of Owners : 2

# of Part Time Employees : 4

Selling Office Commission : 2%

All Cash : No

Assignable : Yes

Beer/Wine License : Yes

Class H License : No

Commission Exclusions : No

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : No

Gambling License : No

Includes Living Quarters : No

Inventory Included : No

Lease Expiration Date : 6/1/2032 12:00:00 AM

Leaseable Square Feet : 7543

Member Comments : NDA required for showings.

Net Profit : 1200000

No Special License : No

Operating Information : Unknown

Ownership Type : LLC

Parking Total : 46

PDF URLs : /photos/pdf/bo/698459_1.pdf

Phone System Included : No

Professional License : Yes

Real Property : No

Renewal Option : Yes

Seating : 241

Seller Terms : No

TradeName : No

Use Discretion : No

Year to Date Statement Available : Unknown

Yearly Operating Expense : 500000

Yearly Operating Income : 1700000

extra_data/Asset Class : Service

Property Description

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.