2715 Fort StSeattle, WA 98199

For Sale
$1,550,000

Profitable Magnolia eatery, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,799 square foot, single-tenant bar and restaurant located at 2715 W Fort St, Seattle, WA 98199. The property, built in 1987 and renovated in 2004, sits on a 4,193 square foot lot and boasts a concrete tilt-up construction. The main floor encompasses 2,712 square feet, featuring a spacious taproom with ample seating, a utility closet, restroom, and a clear-span warehouse area with 24-foot ceilings, a floor drain, and a roll-up loading door. The upper level adds nearly 1,100 square feet, including a kitchenette, restroom, storage room, and a large open seating area accommodating 30+ patrons, overlooking the brewery below. Outdoor seating, ample parking, and a robust HVAC system are also included. The property benefits from a 10-year Durolast roof warranty. Currently operating at 100% occupancy under a triple-net (NNN) lease expiring July 31, 2026, this property offers a strong return on investment with potential for future appreciation. The permitted zoning is MML U/65. This is an ideal investment for those seeking a stable, income-generating asset in a vibrant Seattle neighborhood.

Highlights

  • $1,550,000 asking price for a 3,799 SF retail property.
  • NNN lease, single tenant occupancy at 100% until 7/31/2026.
  • Located at 2715 W Fort St, Seattle, WA 98199, in King County.
  • Bar/Restaurant property built in 1987, renovated in 2004, situated on a 4,193 SF lot.
  • Features include a 2,712 SF ground floor with warehouse space and taproom, plus a nearly 1,100 SF second floor with seating and kitchen facilities.

Property Details for 2715 Fort St

Property type
Other retail properties, Restaurants
Square Feet
3,799 SF
Year Built/Renovated
1987/2004

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6610968
Longitude
-122.3917474
2715 Fort St, Seattle, Washington

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2715 Fort St
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