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Restaurant
Listing Type: Business Opportunity
Category: Food And Beverage
Status: Available
CBA ID#: 674517
2040 Westlake Avenue North
Seattle, WA 98109View Map
Commercial Property

Marketing Description:

A remarkable opportunity to continue the long-time success of one of Seattle's most favorite Chinese restaurants and banquet venues! Landmark location with sweeping Lake Union views. Vibrant and competitive downtown marketplace attracting locals and tourists. A reputable restaurant known for its gourmet Cantonese dishes, fresh seafood + authentic dim sum. Over 10,000sf of private dining space that's booked all year long for wedding banquets, business parties, fundraising dinners, cultural events, etc. Traditional Asian motifs in a welcoming ambience. Neighbor to Amazon HQ, Google Cloud and all the IT/biotech campuses in SLU. Landmark visibility. Convenient access. Ample parking. Unique opportunity to own and operate a piece of Seattle history.

Listing Agent Remarks:
Please do not disturb Tenant. Tour to be scheduled after a signed NDA. Business + asset sale. Lease runs out 12/31/2023 with options to extend thru 2028 and 2033 with agreed upon rent. Call listing broker for details.

Use Discretion: No

Showing Instructions: Please call Listing Agent to schedule tours. Do not disturb Tenant. Thanks.

Included in Price:

  • Real Property: No
  • Inventory Included: Yes
  • Fixtures/Equipment: Yes
  • Phone System: Yes
  • Trade Name: Yes
  • Excluded Items: No

Financials:

  • Docs With Offer: No
  • YTD Statement: Unknown

Seller Terms:

  • Seller Terms: No
  • All Cash: Yes

Property Features:

  • Catagory: Food And Beverage
  • Includes Living Space: No

Business Features:

  • Ownership Type: LLC
  • FT Employees: 2
  • PT Employees: 12
  • Year Established: 2000

Licenses:

  • Beer/Wine: Yes
  • Gambling: No
  • Professional: Unknown
  • Class H: Unknown
This Listing Supplied Courtesy of DBW Private Brokerage, LLC
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity