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    109 Interstate Ave Chehalis, WA 98532

    For Sale
    $350,000

    Established Restaurant, Long-Term Lease, Great Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a well-established national restaurant located at 109 Interstate Avenue SW, Chehalis, WA. The property, a general commercial building, is situated on a highly visible freeway location near the exit, ensuring consistent customer traffic. The sale includes the building and a ground lease, extending through 2043, offering significant long-term stability. The land itself is not included in this sale. The current tenant recently completed major interior upgrades, demonstrating their commitment to the location. The lease agreement includes two 5-year renewal options, further solidifying the income stream. Ownership has been largely passive, with the tenant responsible for all expenses except the ground lease. This translates to a low-maintenance investment with a projected 5% cap rate, providing a strong return on investment. The property is priced at $350,000. Serious inquiries only

    Property Features for 109 Interstate Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2003
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chehalis
    County
    Lewis
    State
    Washington
    Longitude
    -122.956
    Latitude
    46.64698

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Long-Term Lease, Great Visibility
    Where is this commercial real estate located?
    The property is located at 109 Interstate Ave Chehalis, WA.
    What is the asking price?
    The asking price for this property is $350,000.
    (360) 330-0804
    Request Owner's contact information
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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
    109 Interstate Ave Chehalis, WA 98532
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