940 Water Street , #1

    Port Townsend, WA 98368
    • $175,000
    • STATUS: Pending Feasibility
    • ON SITE: 108 days
    • ID#: 1336462
    Under Contract
    UPDATED: 57 min ago
    $175,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Listing Courtesy of Windermere R.E. Port Townsend.

    Description

    Now's your chance to own Cellar Door, the most popular venue for live music in the City and a big hit with tourists as well as locals. With its extensive craft cocktail selection and late-night hours, it is also one of the top bars in Port Townsend. A licensed commercial kitchen is ready for your food service ideas. The business has seen strong growth in sales in its 5 years open, with revenues increasing by nearly 25% in the past two years. Don't miss your shot at one of the best bars in PT!

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-11-16T18:17:42.183.

    www.homesonthesound.com/homes/86105643

    940 Water Street , #1 Port Townsend, WA 98368

    • Price: $175,000
    • Status: Pending Feasibility
    • Updated: 57 min ago
    • ID#: 1336462
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Downtown
    County:
    Jefferson
    Area:
    Port Townsend
    Property Description
    Now's your chance to own Cellar Door, the most popular venue for live music in the City and a big hit with tourists as well as locals. With its extensive craft cocktail selection and late-night hours, it is also one of the top bars in Port Townsend. A licensed commercial kitchen is ready for your food service ideas. The business has seen strong growth in sales in its 5 years open, with revenues increasing by nearly 25% in the past two years. Don't miss your shot at one of the best bars in PT!
    Exterior Features

    Location Corner Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 15

    Property Features

    Annual Expenses 182884 Annual Gross Sales 321895 Annual Rent 25566 Bank Owned No Business Name Cellar Door Business Type Restaurant/Bar Employees 5 Equipment 0 Equipment Value 0 Form17 Not Provided Franchise N Goodwill Value 0 Home Owner Dues 0 Hours Of Operation 4PM- 2AM Inventory Value 137213 Lease Terms Assignable3-5 Years Leased Items N Licenses Alcohol Liens Or Mortgages N Major Business Type Food & Beverage Net Proceeds 999999 Possession ClosingNegotiable Real Estate Value 0 Real Property Lease Only Signage Y Terms Cash OutOwner FinancingSBASee Remarks Third Party Approval Required None Year Established 2013 Years Current Owner In Business 5

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-11-16T18:17:42.183.

     
    Homes on the Sound
    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Windermere R.E. Port Townsend.