Ristorante Picolinos! 6415 32nd Ave NW 12,800 SF Retail Building Seattle, WA 98117 $7,500,000 ($585.94/SF)

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Taxes $21,412 $1.67
Operating Expenses $1,796,476 $140.35

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,800 SF
Building Class
C
Year Built/Renovated
1940/1964
Price
$7,500,000
Price Per SF
$585.94
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.29 AC
Zoning
NC130 - Great Zoning options and located on a hard corner
Frontage
142’ on 32nd Ave

AMENITIES

  • Atrium
  • Bus Line
  • Conferencing Facility
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

ABOUT 6415 32ND AVE NW , SEATTLE, WA 98117

Prime Ballard Opportunity: Located blocks from Ballard Locks. Ristorante Picolinos! This exceptional 12,000+ sq ft Italian restaurant is a cornerstone of Ballard's dining scene. Land & building included! Full bar, cafe, coffee shop, & bakery create a one-stop destination. Ideal HARD CORNER location with high visibility. Cafe thrives 5am-5pm & bakery boasts fresh offerings daily with a full scratch bakery. Restaurant enjoys loyal following (4:30pm-9pm) Very profitable business with live music nightly with strong steady client base. Comunity destintion and gathering plece.Both sides see strong, repeat business - a testament to quality! Huge upside potential for event catering - multiple indoor/outdoor spaces for weddings etc. Financials impressive VERY PROFITABLE.and great CAP rate of 13+ PLEASE DO NOT APROACH ANY EMPLOYEES.

Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (91)

NEARBY MAJOR RETAILERS

9Round Fitness & Kickboxing
Tacotime
HomeStreet Bank
Fitness 19
Starbucks
Quality Food Centers
US Bank
Orangetheory Fitness
WaFd Bank
Becu

PROPERTY TAXES

  • Listing ID: 32974473

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 6415 32nd Ave NW, Seattle, WA 98117