5602 1st Avenue S

Seattle, WA 98108

  • Bed

  • Bath

  • 0 SqFt

  • 483 DOM

  • Built: 1932

  • Status: Active

$1,895,000

X

5602 1st Avenue S

Seattle 98108

$1895000

  • Bed

  • Bath

  • 0 SqFt

  • 483 DOM

  • Built: 1932

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

FULLY LEASED BUILDING FOR SALE !!! 5.96% CAP RATE!!! "Slim's Last Chance Bar". This rare free standing, fully fixtured restaurant with onsite parking offers kitchen with type 1 hood, outdoor patio/dining & includes sound system for 2 stages. Highly visible corner location with prime 120 ft. of frontage on 1st Ave S. Slim's Last Chance Saloon has been named in Diner, Drive ins and Dives and made famous by travel Channel and Food Paradise. Buyer may choose to purchase Restaurant with entire operation including all property, stoves, ovens, appliances, kitchen, bar ware and fixtures (except Slim's Art and sign) OR.... seller will sign NEW five-year NNN lease on 5606. 5602 (former Pig Iron BBQ) has 4 years remaining on lease.

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Residence Information

  • 0

  • 3730

  • Composition, Flat, Torch Down

  • 60 - Comm Bldg Und 10K

  • 1932

  • Poured Concrete

Features and Utilities

  • Ceramic Tile

  • Metal/Vinyl, Wood

  • Public

  • Sewer Connected

Financial

  • 11184

  • Cash Out

  • 02-08-2024

  • 9285

Comparable Information

  • 483

  • 483

  • Cash Out

  • $1,975,000

  • $1,975,000

  • Jun 05, 2025 17:33

Schools

Map

Listing courtesy of Berkshire Hathaway HS NW.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 15, 2025 13:37 | Listing last modified Jun 05, 2025 17:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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