427-429 15th Ave E

427-429 15th Ave E , Seattle, Washington, 98112 | 4,929 sq.f | $ 2,300,000

Card image
Card image

About This Restaurant

Investment Highlights

Executive Summary

A 4,929 SF, full-service restaurant and bar, the property is centrally located within the highly desirable 15th Ave E Restaurant Row, with great street visibility and an operable storefront. Current owner / user, Coastal Kitchen is a New American seafood restaurant and bar, featuring brunch, lunch and dinner with rotating menus, established in 1993. The restaurant and building have been meticulously maintained by the current owner/user. Known for its artsy, progressive vibe and rich cultural scene, the Capitol Hill neighborhood is located east of downtown Seattle, with 15th Ave E serving as a main thoroughfare. The 15th Ave E corridor is vibrant and diverse, with a unique character and community atmosphere. It is home to a mix of local businesses, shops, cafes, and restaurants. Residents and visitors often engage in cultural events and activities at Capitol Hill?s theaters, art galleries, and performance spaces. The neighborhood consists of both residential and commercial spaces. There are apartment buildings, townhouses, and single-family homes. The residential areas contribute to the sense of community in the neighborhood. Capitol Hill has several parks and green spaces where people can relax and enjoy outdoor activities. Volunteer Park, located nearby, is a popular spot for recreation and community gatherings

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,929
  • Building Class    C
  • Year Built    1924
  • Price    2,300,000
  • Price Per SF    467
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    1.08
  • Land Acres    0.11 AC

Amenities

  • Bus Line
  • Signage

Nearby Amenities & Transportation

Retail Shoprite
Retail Bank of America
Retail CorePower Yoga
Retail Umpqua Bank
Retail Orangetheory Fitness
Retail Quality Food Centers
Retail KeyBank
Retail Safeway
Retail Starbucks
Retail Teriyaki Madness

Property Taxes

Parcel Number 330370-0170 Improvements Assessment $1,830,800
Land Assessment $1,000 Total Assessment $1,831,800
Date Created: 2024-07-16 04:25:39 Last Updated: 2024-07-16 04:25:39
Address: 427-429 15th Ave E , Seattle, Washington, 98112