Asset Sale Description
Under Renoation & Long Term Lease Possible
This was a established restaurant 10-15 years ago but the orginal owner decided never to lease it out. I purchased the property and the adjacent property too. We are in the process of building a beautiful covered deck. Doing a complete remodle and will help the potential buyer to turn this into a beautiful place. This is on the corner of 58th and Rossevelt. This is a very busy area close to Greenlake. I also own Taste of India since 1991 on 56th & Roosevelt Way and we are very busy in this University area.I have been and currently in the restaurant business in the same area so know the potential growth possibilites here. There are many buldings being built here and here. This will be a TTT commercial lease, please contact me for terms of lease and monthly rents.
Key Demographics – ZIP 98105
---------------------------------
- Population: ~49,200 people
- Land Area & Density: ~3.84 sq mi; density ~12,800 people per sq mi
- Median Age: ~24.7 years
- Racial / Ethnic Composition: White ~56-57%, Asian ~23%, Two or More ~8-9%, Hispanic/Latino smaller share
- Education: ~77% have at least a college degree; high % with advanced degrees
- Household Income: Median household income ~$78,700
- Per Capita Income: ~$60,968
- Poverty Rate: ~22.8%
- Household Size: ~2.3 people / household
- Housing & Home Value: Median home value ~$1,250,000-$1,260,000
Traffic / Visibility Counts (Adjacents & Comparable Sites)
---------------------------------
- 4336 Roosevelt Way NE: ~35,900 vehicles/day (Roosevelt Way NE)
- 45th Avenue NE: ~27,146 vehicles/day
- These numbers show high visibility and strong daily traffic in the ZIP 98105 area
Key Demographics – ZIP 98105
---------------------------------
- Population: ~49,200 people
- Land Area & Density: ~3.84 sq mi; density ~12,800 people per sq mi
- Median Age: ~24.7 years
- Racial / Ethnic Composition: White ~56-57%, Asian ~23%, Two or More ~8-9%, Hispanic/Latino smaller share
- Education: ~77% have at least a college degree; high % with advanced degrees
- Household Income: Median household income ~$78,700
- Per Capita Income: ~$60,968
- Poverty Rate: ~22.8%
- Household Size: ~2.3 people / household
- Housing & Home Value: Median home value ~$1,250,000-$1,260,000
Traffic / Visibility Counts (Adjacents & Comparable Sites)
---------------------------------
- 4336 Roosevelt Way NE: ~35,900 vehicles/day (Roosevelt Way NE)
- 45th Avenue NE: ~27,146 vehicles/day
- These numbers show high visibility and strong daily traffic in the ZIP 98105 area
Detailed Information
- Years in Operation
- 15
- Facilities & Assets
- Type 1 Hood, custom outdoor patio deck being built with permiting. New windows and doors and under intensive remodel.
About the Sale
- Seller Motivation
- Just purchased this building and I own a very popular restaurant 2 block south.
Listing Info
- ID
- 2415781
- Listing Views
- 54
Business Location
Listing ID: 2415781 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.