$180,000
Est. $997/moPrice reduced $60,000 from the original $240,000 asking price
Address withheld, Shoreline, WA 98155
• Listed Aug 24, 2026•48 days active · 48 cumulative
Listing Broker: WPI Real Estate Services, Inc.; Jianli Zhang; 206-696-0786; jenlihomes@gmail.com
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Listing Broker: WPI Real Estate Services, Inc.; Jianli Zhang; 206-696-0786; jenlihomes@gmail.com
About this home
Rare opportunity to acquire a well-established Bar & Restaurant business in N. Seattle. This ±5,400 SF space sits at a busy signalized intersection surrounded by dense apartment buildings, steady daily foot and vehicle traffic, with a built-in residential customer base. The location has operated for years as a go-to spot for authentic Asian cuisine and carries strong name recognition in the neighborhood. The owner is retiring and offering the business with all furniture, fixtures, and equipment included; a fully outfitted kitchen; 3 spacious dining rooms and a separate bar and pool table area, giving the next operator two distinct revenue streams under one roof ready for day-one operation. Flexible upside for the right operator: continue running it as an established Bar & restaurant, convert to a creative concept, or leverage the size and layout as a ghost kitchen / multi-brand delivery hub. The square footage and existing infrastructure support all three. Turnkey, proven location, motivated seller. Serious inquiries welcome.
Listed by Jianli Zhang • WPI Real Estate Services, Inc.
Listing updated: September 24, 2026 at 06:09pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2572404
Around this home
How much should you offer?
Address withheld, Shoreline, WA 98155
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
Schools
Ratings via SchoolDigger- Ridgecrest ElementaryPublic · Grades K-5 · 0.5 mi · State rank 368 of 1,1386/10
- Kellogg Middle SchoolPublic · Grades 6-8 · 0.8 mi · State rank 99 of 5148/10
- Shorecrest High SchoolPublic · Grades 9-12 · 1.2 mi · State rank 30 of 39610/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Business opportunity facts
As entered by the listing broker on Northwest MLS
Business
- Business name
- Peking House
- Business type
- Food And Beverage, See Remarks
- Business type information
- Food, Beverages, and liquor
- Year established
- 1972
- Years with current owner
- 5
- Hours of operation
- Monday - Thursday 11:00am-10:00pm Friday
- Franchise
- false
- Special licenses
- Alcohol
Financials
- Annual gross sales
- $1,000,000
- Annual expenses
- $33,000
- Real property included
- Lease Only,See Remarks
Premises & lease
- Lease terms
- More Than 5 Yrs
- Annual rent
- $66,000
- Lease assignable
- No
- Parking spaces
- 29
- Financing
- Cash, SBA, See Remarks
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$1,177 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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: WPI Real Estate Services, Inc.; Jianli Zhang; 206-696-0786; jenlihomes@gmail.com
Market pulse
Shoreline is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 48 days.
Recent sales nearby
Within 1 mile · last 6 months$650,000 Sold
2 days ago
4 bd•2.75 ba•~2,100 sq ft•Single Family
18061 28th Avenue NE, Lake Forest Park, WA 98155
0%
Over list
35
Days on market
0.6 mi
Distance
$795,000 Sold
3 days ago
3 bd•1.75 ba•~1,250 sq ft•Single Family
18934 Forest Park Drive NE, Lake Forest Park, WA 98155
0%
Over list
27
Days on market
1.0 mi
Distance
$2,100,000 Sold
1 week ago
5 bd•4.5 ba•~4,490 sq ft•Single Family
2533 NE 178th Street, Lake Forest Park, WA 98155
2%
Under list
44
Days on market
0.6 mi
Distance
$750,000 Sold
3 weeks ago
2 bd•2 ba•~1,950 sq ft•Single Family
2265 NE 177 Street, Shoreline, WA 98155
6%
Under list
121
Days on market
0.5 mi
Distance
$715,000 Sold
4 weeks ago
4 bd•2.25 ba•~1,860 sq ft•Single Family
18527 1st Ave NE #C, Shoreline, WA 98155
0%
Over list
36
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket 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 17, 2026 at 4:35 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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