Standalone Restaurant Building on 2 Lots 2605 E Cherry St
2,310 SF Retail Building Seattle, WA 98122 For Sale
INVESTMENT HIGHLIGHTS
- 55 seat restaurant with Type I hood, grease interceptor, and large outdoor patio
- Ideal for brewery, childcare center, adult family home, church/community center
- Ideal for 6 - 8 townhomes, mixed-use, or 40+ SEDU’s (5 stories)
- ADA compliant restrooms and ramps
- NC1-55 (M) zoning
- 2 parcels on corner lot on arterial from downtown Seattle to Madrona Beach
EXECUTIVE SUMMARY
Mixed-use commercial building featuring a turnkey restaurant and a 3-bedroom apartment, plus corner development land in the heart of the Central District. Operate current restaurant while developing the adjacent land, or redevelop into 5-story building. Located in a high demand area close to downtown Seattle, major freeways and hospitals. NC1-55 (M) zoning allows flexibility on investment product type (mixed-use, multifamily, condo or SEDU’s).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,310 SF
Building Class
C
Year Built
1949
Tenancy
Single
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.18 AC
Zoning
NC1-55(M), Seattle - Commercial and Residential.
Parking
3 Spaces (0.43 Spaces per 1,000 SF Leased)
Frontage
100’ on Cherry
AMENITIES
- Bus Line
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,000 | |
| Land Assessment | $2,496,600 | Total Assessment | $2,497,600 |
