Roy Willanger

Broker

  • Listing status icon

    $280,000

  • Pending | MLS#: 1171819

1028 Madison Ave N Seattle, WA 98104

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Overview

Highly visible corner location on Madison St. Over 680 YELP reviews. Turn key operation Est in 2012. Most equip is less than 2 years old. FF&E included along with proprietary recipes. Owner can stay on during transition period if needed. 2 year Return on Investment. Great for hands on owner or hire a manager to oversee the operation and still pay yourself a salary. Seats 90 people. 7year lease $5100 NNN. Increase revenue through delivery service. Well established restaurant, heavy foot traffic.

Listing provided courtesy of: Berkshire Hathaway HS NW

General Features

  • County King
  • Commercial Category BusinessOpportunity
  • Major Type of Business Food and Beverage
  • Business Type Restaurant
  • Business Name Italian Family Pizza
  • Hours of Operation 11am to 10pm
  • Franchise N
  • Year Established 2012
  • Number of Employees 10
  • Lease Terms Assignable
  • Licenses Alcohol

Property Features

  • Location Corner

Financials

  • Annual Gross Sales $1,000,000
  • Annual Rent $61,200
  • Annual Expenses $725,000
  • Inventory $10,000
  • Net Proceeds $275,000

Listing agent photo

Roy Willanger

Broker

206-933-0300West Seattle

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Price & Status History

Days on Market

  • This property has been listed on the market for 114 days

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

Roy Willanger

Broker

206-933-0300West Seattle

Ask A Question

Community Demographics for Zip Code 98104 (Seattle)

Housing Occupancy
  • Home Owners: 643 (7%)
  • Renters: 7,078 (76%)
  • Vacant: 1,626 (17%)
  • Total Housing Units: 9,347
Households
  • Average Household Size: 1.46
  • Housing Density (People per square mile): 18,774
Age Range (number of people)
  • Age 0-14: 1,598
  • Age 15-24: 590
  • Age 25-39: 1,715
  • Age 40-59: 5,210
  • Age 60-79: 3,749
  • Age 80+: 1,594
  • Total: 14,456

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 98104 (Seattle)

Private Schools in Zip Code 98104 (Seattle)

* This list of schools may not match the property above.

O DEA HIGH SCHOOL 802 Terry Ave Seattle, WA 98104 Phone: 2066226596 9th-12th
Grade Size Distribution
  • 9th: 155
  • 10th: 129
  • 11th: 119
  • 12th: 106
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 509

* School data provided by US Department of Education


This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2017. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.
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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional