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5602 1st Avenue South Seattle, WA 98108

$1,895,000
0.15
Acres
$1,895,000
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active
1/40
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FULLY LEASED BUILDING FOR SALE !!! 5.96% CAP RATE!!! "Slim's Last Chance Bar". This rare free standing, fully fixtured restaurant with onsite parking offers kitchen with type 1 hood, outdoor patio/dining & includes sound system for 2 stages. Highly visible corner location with prime 120 ft. of frontage on 1st Ave S. Slim's Last Chance Saloon has been named in Diner, Drive ins and Dives and made famous by travel Channel and Food Paradise. Buyer may choose to purchase Restaurant with entire operation including all property, stoves, ovens, appliances, kitchen, bar ware and fixtures (except Slim's Art and sign) OR.... seller will sign NEW five-year NNN lease on 5606. 5602 (former Pig Iron BBQ) has 4 years remaining on lease.

FULLY LEASED BUILDING FOR SALE !!! 5.96% CAP RATE!!! "Slim's Last Chance Bar". This rare free standing, fully fixtured restaurant with onsite parking offers kitchen with type 1 hood, outdoor patio/dining & includes sound system for 2 stages. Highly visible corner location with prime 120 ft. of frontage on 1st Ave S. Slim's Last Chance Saloon has been named in Diner, Drive ins and Dives and made famous by travel Channel and Food Paradise. Buyer may choose to purchase Restaurant with entire operation including all property, stoves, ovens, appliances, kitchen, bar ware and fixtures (except Slim's Art and sign) OR.... seller will sign NEW five-year NNN lease on 5606. 5602 (former Pig Iron BBQ) has 4 years remaining on lease.

  • Neighborhood
    Georgetown
  • Type
    Commercial
  • County
    King
  • Area
    385 - SODO/Beacon Hill
  • Tax Amount
    $11,184
  • Status
    Active
  • Listing #
    2197644
  • Built
    1932
  • Lot Size
    0.15
  • Listed on site
    454 days

Listed by:
Berkshire Hathaway HS NW

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-05-09 01:49:04. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Apr 10, 202528 days agoPrice decreased80,000 (4%)$1,895,000
Feb 9, 20241 yr agoNew on market$1,975,000
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