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14417 124th Ave NE 4,154 SF Retail Building Kirkland, WA 98034 $5,576,701 CAD ($1,342.49 CAD/SF)
INVESTMENT HIGHLIGHTS
- Quality 2009 building with no expense spared
- Turn key opportunity with all furnishings included
- Strong customer base & long tradition in the neighborhood
- 2nd Story with office/bedroom & shower
EXECUTIVE SUMMARY
Rare opportunity to own a fully operational sports bar in one of Kirkland’s busiest commercial corridors. Built in 2009 with no expense spared, this turn-key space features vaulted 20’ ceilings, a walk-in cooler with 17 kegs on tap, a 12’ Type 1 hood, two HVAC systems, and a metal roof. Includes all furnishings, front and side patios, and an upstairs office/bedroom with shower. Located at a signalized intersection with approx. 14,000 VPD and 70 feet of frontage on 124th St. Zoned BC-2 and restaurant-ready, ideal for continuing a successful concept or rebranding. Strong customer base, great visibility, and excellent infrastructure.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
4,154 SF
Building Class
B
Year Built
2009
Price
$5,576,701 CAD
Price Per SF
$1,342.49 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.48 AC
Zoning
BC-2 - Business, Commercial, Retail
Parking
43 Spaces (10.35 Spaces per 1,000 SF Leased)
Frontage
70’ on 124th Ave NE
AMENITIES
- Mezzanine
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 212605-9195 | Total Assessment | $1,444,506 CAD (2024) |
| Land Assessment | $1,098,750 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $345,757 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
212605-9195
Land Assessment
$1,098,750 CAD (2024)
Improvements Assessment
$345,757 CAD (2024)
Total Assessment
$1,444,506 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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14417 124th Ave NE
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