For Sale
$1,550,000

2715 Fort St Seattle, WA 98199

Profitable Magnolia eatery, NNN lease.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a 3,799 square foot, single-tenant bar and restaurant located at 2715 W Fort St, Seattle, WA 98199. The property, built in 1987 and renovated in 2004, sits on a 4,193 square foot lot and boasts a concrete tilt-up construction. The main floor encompasses 2,712 square feet, featuring a spacious taproom with ample seating, a utility closet, restroom, and a clear-span warehouse area with 24-foot ceilings, a floor drain, and a roll-up loading door. The upper level adds nearly 1,100 square feet, including a kitchenette, restroom, storage room, and a large open seating area accommodating 30+ patrons, overlooking the brewery below. Outdoor seating, ample parking, and a robust HVAC system are also included. The property benefits from a 10-year Durolast roof warranty. Currently operating at 100% occupancy under a triple-net (NNN) lease expiring July 31, 2026, this property offers a strong return on investment with potential for future appreciation. The permitted zoning is MML U/65. This is an ideal investment for those seeking a stable, income-generating asset in a vibrant Seattle neighborhood.

Highlights

  • $1,550,000 asking price for a 3,799 SF retail property.
  • NNN lease, single tenant occupancy at 100% until 7/31/2026.
  • Located at 2715 W Fort St, Seattle, WA 98199, in King County.
  • Bar/Restaurant property built in 1987, renovated in 2004, situated on a 4,193 SF lot.
  • Features include a 2,712 SF ground floor with warehouse space and taproom, plus a nearly 1,100 SF second floor with seating and kitchen facilities.

Property Details for 2715 Fort St

Property type
Retail properties, Restaurants
Square Feet
3,799 SF
Year Built/Renovated
1987/2004

Location Insight

City
Seattle
County
King
State
Washington
Latitude
47.6610968
Longitude
-122.3917474

FAQs

What type of property is this?
Retail property - Profitable Magnolia eatery, NNN lease.
Where is the retail property located?
The property is located at 2715 Fort St Seattle, WA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: $1,550,000 asking price for a 3,799 SF retail property.; NNN lease, single tenant occupancy at 100% until 7/31/2026.; Located at 2715 W Fort St, Seattle, WA 98199, in King County.
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2715 Fort St
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