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Ristorante Picolinos! 6415 32nd Ave NW 12,800 SF Retail Building Seattle, WA 98117 $5,500,000 ($429.69/SF)

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Company_Flyers_Consumer US - Flyer - 8.5_ x 11__2255 (1)

TAXES & OPERATING EXPENSES (ACTUAL - 2023)	ANNUAL	ANNUAL PER SF
Taxes	$21,412	$1.67
Operating Expenses	$1,796,476	$140.35
Total Expenses	$1,817,888	$142.02

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

Taxes
Annual	$21,412
Annual Per SF	$1.67

Operating Expenses
Annual	$1,796,476
Annual Per SF	$140.35

Total Expenses
Annual	$1,817,888
Annual Per SF	$142.02

PROPERTY FACTS

Sale Type

Owner User

Sale Conditions

Ground Lease (Leasehold)

Property Type

Retail

Property Subtype

Restaurant

Building Size

12,800 SF

Building Class

Year Built/Renovated

1940/1964

Price

$5,500,000

Price Per SF

$429.69

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

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.

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Walk Score®

Very Walkable (82)

Bike Score®

Biker's Paradise (91)

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PROPERTY TAXES

Parcel Number	690820-0191	Total Assessment	$2,631,700 (2024)
Land Assessment	$2,044,400 (2024)	Annual Taxes	$21,412 ($1.67/SF)
Improvements Assessment	$587,300 (2024)	Tax Year	2023

PROPERTY TAXES

Parcel Number

690820-0191

Land Assessment

$2,044,400 (2024)

Improvements Assessment

$587,300 (2024)

Total Assessment

$2,631,700 (2024)

Annual Taxes

$21,412 ($1.67/SF)

Tax Year

2023

(253) 891-9000

CONTACT

Don Goethals
RE/MAX Extra Inc.

Listing ID: 32974473
Date on Market: 8/27/2024
Last Updated:
Address: 6415 32nd Ave NW, Seattle, WA 98117

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6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 1 of 13 — 20240625_202935

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 2 of 13 — 20240625_202527

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 3 of 13 — Bar 01

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 4 of 13 — Grand Tent 02

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 5 of 13 — Grand Tent 03

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 6 of 13 — Novo 01

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 7 of 13 — Pizzeria 02

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 8 of 13 — Pizzeria 04

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 9 of 13 — Terrace Lavalle 01

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 10 of 13 — 20240625_202905

6415 32nd Ave NW, Seattle, WA for sale Building Photo- Image 12 of 13 — outsidebakery

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Ristorante Picolinos! | 6415 32nd Ave NW

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Ristorante Picolinos! 6415 32nd Ave NW 12,800 SF Retail Building Seattle, WA 98117 $5,500,000 ($429.69/SF)

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ATTACHMENTS

TAXES & OPERATING EXPENSES (ACTUAL - 2023)