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    802 Southshore Diamond Lake Rd Newport, WA 99156

    For Sale
    $625,000

    COMMERCIAL - Newport, WA

    Property size:
    2,438 SF
    Lot size:
    0.66 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 802 Southshore Diamond Lake Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    443001609017
    Size
    2,438 SF
    Lot size
    0.66 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Floors in Building
    1
    Building materials
    Vinyl Siding
    Roof type
    Metal

    EXIT Real Estate Professionals (509) 535-8400 [email protected]

    Listing agent Angela E Newcomb (509) 671-2088

    Listing date Apr 28, 2025

    Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Diamond Lake Restaurant and Lounge

    This commercial property, located in Newport, WA, presents an opportunity for a new venture at Diamond Lake. Currently operating as The Edgewater Lounge, the property offers a dining experience in a prime location. The establishment is designed for various activities, including dining, music, karaoke, and patio gatherings. The Edgewater has been established as a restaurant and lounge, suitable for events. Situated across from lake access, it is a year-round destination. The property was renovated in 2021 and is offered as a turnkey operation, including all equipment. The property includes 5 parcels with mixed-use ability and additional storage units, with potential for tiny homes, a mini lake resort, or a coffee shop. The property size is 2438 square feet on a 0.66-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Storage Facility Bakery Plumbing Service Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Pend Oreille
    State
    Washington
    Longitude
    -117.183895
    Latitude
    48.12858

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    FAQs

    What type of property is this?
    Bar - Turnkey restaurant and lounge near Diamond Lake with mixed-use potential.
    Where is this bar located?
    The property is located at 802 Southshore Diamond Lake Rd Newport, WA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Turnkey restaurant and lounge opportunity with all equipment included after a complete renovation in 2021.; - Prime location across the street from Diamond Lake launch and lake access, ideal for year-round business.; - Established and successful restaurant and lounge ('The Edgewater') with a proven track record.
    (509) 671-2088
    Request Owner's contact information
    802 Southshore Diamond Lake Rd Newport, WA 99156
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    Newport, WA 99156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    802 Southshore Diamond Lake Rd Newport, WA 99156
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