27 E Queen, Spokane, WA 99207
Commercial property for lease
- Description
- Voted number 1 Chinese Restaurant in Spokane for several years. Excellent food and reputation same owners for 30 years. Includes a full Lounge with bar and table seating, sports television. Restaurant seats approximately 148 and lounge an additional 50. Visible from North Division, adjacent to the Northtown Mall across E. Queen from Macy's. Three years tax returns show annual gross revenues are approximately $1.5M and 2016 cash flow is $324K. Owners acquired an adjacent 4,232 square foot building that they use for office and storage that is included in the sale. Main restaurant building is 5,583 square feet. Total land assimilation is 1.23 acres all paved for parking with multiple lots, see legal description. A rare offering of a very successful and highly respected business in a great location and same owners over 30 years.
- Contact info
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Douglas RallColdwell Banker Commercial Schneidmiller Realty
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Price: $ 1,888,000 Submarket: Food and Beverage MSA: Spokane-Spokane Valley Buildings: 1 Terms: Cash to Seller at close of escrow Added: 11/16/2017