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← Back to search results/Redmond, WA/Address withheld
Active
Listed by Heidi Lee • WeLakeside.
FOR SALE

$1,500,000

Est. $8,309/mo

Address withheld, Redmond, WA 98052

• Listed Jul 27, 2026•84 days active · 84 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: WeLakeside; Heidi Lee; 253-740-9700; hleere@gmail.com

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Listing Broker: WeLakeside; Heidi Lee; 253-740-9700; hleere@gmail.com

About this home

Exceptional opportunity to acquire a well-established Japanese teppanyaki and sushi restaurant in the heart of Redmond. Steak House enjoys a highly visible location within Redmond city, surrounded by retail, entertainment, offices, hotels, and a strong residential community. The restaurant offers an exciting tableside dining experience, featuring skilled hibachi chefs, premium steaks, fresh seafood, sushi, and Japanese specialties. The spacious, professionally equipped interior includes 13 teppanyaki cooking stations (10-12 seating per station) and 5 regular tables, a sushi bar, a full-service bar, comfortable dining areas, and an inviting atmosphere ideal for family dining, celebrations, corporate gatherings, and private events. Steak House benefits from an established name, repeat clientele, and a desirable Eastside location near major technology employers MS with convenient access to SR-520, Light Rail. This is an outstanding turnkey opportunity for an experienced restaurant operator or investor seeking a distinctive dining concept in one of the region’s strongest markets.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
Not listed
Parking
None
Price / sq ft
Not listed

Listed by Heidi Lee • WeLakeside

Listing updated: September 20, 2026 at 05:18am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2557150

Open houses

No upcoming open houses scheduled for this property.

RexMont OfferEdge™

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Address withheld, Redmond, WA 98052

List price
$1,500,000
Down payment
$300,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Business opportunity facts

As entered by the listing broker on Northwest MLS

Business

Business name
On file
Business type
Food And Beverage, Professional Service, See Remarks
Business type information
Food and Beverage, Services
Year established
2019
Years with current owner
6
Employees
16
Franchise
false
Special licenses
Alcohol

Financials

Real property included
See Remarks

Premises & lease

Lease terms
More Than 5 Yrs
Lease assignable
No
Financing
Cash, Conventional

Mortgage payment forecast

$9,809 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: WeLakeside; Heidi Lee; 253-740-9700; hleere@gmail.com

Market pulse

Redmond is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 52 days.

Want a deeper read on this market?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 19, 2026 at 8:02 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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