A rare opportunity to own a proven multi-use property in the heart of downtown Kirkland. Known as The Shady Spot, this well-established business and building combines multiple revenue streams under one roof, making it a strong investment or owner-operator play.
Bar & Gaming: A neighborhood staple with a loyal following. Features a full bar setup and 6 video gaming machines for consistent additional revenue.
Laundromat: Steady cash flow with a long-standing reputation for reliable, well-maintained machines. Includes 7 washers and 8 dryers.
Apartments: Two second floor residential units offer additional rental income and keep occupancy rates strong.
Outdoor Beer Garden: A shaded, inviting space perfect for events, gatherings, and expanding bar service.
Prime Location: Situated on Main Street with excellent visibility and foot traffic, serving both local residents and visitors.
Diverse income streams: bar, gaming, laundromat, and residential.
Value-add potential: expand bar/food operations, modernize laundromat, or reconfigure apartments for higher rents.
Established presence in the community with long-term customer loyalty.
This is an exceptional opportunity to acquire a cash-flowing, mixed-use property with upside potential in a growing small-town market.
Highlights
High quality remodel in 2024 including all mechanicals
