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    22 Palmer Ave Loomis, WA 98827

    For Sale
    $269,000

    Restaurant/Bar w/ RV Park & Beer Garden

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This versatile commercial property in Loomis, WA, presents a unique investment opportunity. Previously a thriving restaurant and bar, the building boasts a spacious beer garden ideal for outdoor events and gatherings. Its prime location ensures high visibility and attracts a steady stream of customers. Adding to its appeal are nine designated RV spaces, complete with a laundry facility, showers, and restrooms, catering to both travelers and local residents. The property's location in a popular recreational area, offering access to snowmobiling, hiking, fishing, hunting, and camping, further enhances its potential. The building's spacious layout offers ample room for various commercial ventures, allowing for either a continuation of its existing use or a complete transformation into a new business. The existing infrastructure, including the RV park amenities, provides a solid foundation for a variety of business models. This property is ready for a new owner to capitalize on its existing features and the thriving community it serves. The high visibility location and diverse amenities make this a truly exceptional opportunity in a desirable small-town setting. The potential for growth and profitability is significant, making this an attractive investment for those seeking a unique and established commercial property.

    Property Features for 22 Palmer Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Loomis
    County
    Okanogan
    State
    Washington
    Longitude
    -119.6338
    Latitude
    48.82169

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant/Bar w/ RV Park & Beer Garden
    Where is this commercial real estate located?
    The property is located at 22 Palmer Ave Loomis, WA.
    What is the asking price?
    The asking price for this property is $269,000.
    (888) 455-6040
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    22 Palmer Ave Loomis, WA 98827
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    Loomis, WA 98827
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    22 Palmer Ave Loomis, WA 98827
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