5602 1st Avenue S, Seattle, WA 98108 (MLS # 2197644)
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Listing provided courtesy of Northwest MLS; Berkshire Hathaway HS NW
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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.
| LAST UPDATED | 4/10/2025 | TRACT | Georgetown |
|---|---|---|---|
| YEAR BUILT | 1932 | COMMUNITY | Georgetown |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 10, '25 | $1,975,000 |
|---|---|
| Apr 10, '25 - Today | $1,895,000 |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 385 - SODO/Beacon Hill |
| CONSTRUCTION | Metal Siding, Vinyl Siding, Wood Siding |
| HEAT | Forced Air, Heat Pump, Natural Gas |
| INTERIOR | Ceramic Tile, Hardwood |
| LOT | 6490 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 120 x 54 |
| MLS STATUS | Active |
| STYLE | 60 - Comm Bldg Und 10K |
| SUBDIVISION | Georgetown |
| TAXES | 11184 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Commercial |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/19/25 11:25 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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