Restaurant Building with Full
For Sale
$299,000
108 W MAIN Ave, Chewelah, WA 99109
Commercial, CHEWELAH, WA
Property Size1,654 SF
Lot Size0.43 Acres
Price / SF$180.77
Days on Market98
Property Features for 108 W MAIN Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Parking features
Off Street, On Street
Exterior features
Handicap Access, Road Frontage
Basement
Dirt Floor, Partially Finished
Accessibility
Accessible Approach with Ramp
Directions
HWY 395 turn at the light , West to Property on Main St
Subdivision
S3 - Chewelah
Standard status
Active
APN
0205800
Size
1,654 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
CHEWELAH CHAWELAH 1 W 60' LOTS 6-10 BLK 1 CHEWELAH CHAWELAH FIRST & CHEWELAH TAX NUMBERS TAX #61
Tax Annual Amount
1822
Legal Description
CHEWELAH CHAWELAH 1 W 60' LOTS 6-10 BLK 1 CHEWELAH CHAWELAH FIRST & CHEWELAH TAX NUMBERS TAX #61
Utilities
Heating system
Forced Air, Natural Gas, Electric (Heating)
Water source
Public
Building Details
Flooring type
Carpet, Tile - Ceramic
Buildings
1
Listing Agency:
WESTERGARD REAL ESTATE
(509) 738-9378
Listed By:
ROBYN M WESTERGARD · License #17565
(509) 675-5540
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 28 at 9:06PM
MLS# 46231
Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,654-square-foot restaurant property sits on a 0.43-acre lot in downtown Chewelah. The building includes a full kitchen, two dining areas, and a basement. Interior finishes include carpet and ceramic tile, with forced-air heating supplied by natural gas and electricity.
The property has road frontage and an accessible approach with a ramp. Parking options include both off-street and on-street spaces, and the building is served by public water.
The property has road frontage and an accessible approach with a ramp. Parking options include both off-street and on-street spaces, and the building is served by public water.
Key Highlights
- 1,654‑square‑foot restaurant building on a 0.43‑acre lot
- Full kitchen and two dining areas
- Basement included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,074
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,480
$401.5K
Cap Rate 7%
$286,771
$286.8K
Cap Rate 9%
$223,044
$223.0K
Market Conditions
NOI Build-Up for 1,654 SF
Gross rent
$28.8K $17.40/SF
− Vacancy
−$2.0K −$1.22/SF
EGI
$26.8K $16.18/SF
− OpEx
−$6.7K −$4.05/SF
NOI
$20.1K $12.14/SF
Area
Stevens County, WA
Vacancy
7.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,480
Cap Rate 7%
$286,771
Cap Rate 9%
$223,044
Alternative Uses
Best Use
Specialty Retail
$286.8K
$250.9K – $334.6K
NOI $20,074 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$426.7K
$373.4K – $497.9K
NOI $29,871 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
34k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 33%
Dining 13%
Home Improvements & Furnishings 11%
Safeway
Groceries
14,695 visits/mo
0.2 miles
Dollar General
Shops & Services
4,744 visits/mo
0.4 miles
Dollar Tree
Shops & Services
4,374 visits/mo
0.2 miles
Setys Ace Hardware
Home Improvements & Furnishings
3,776 visits/mo
0.1 miles
SUBWAY
Dining
3,587 visits/mo
0.4 miles
Demographics for 99109, WA
5,016
Population
2,610
Households
1.9
Avg Household Size
51
Median Age
22%
College-Educated
93%
High-School Grad
311.6 sq mi
ZIP Area
16
Density / Sq Mi
$61,354
Median Household Income
$38,715
Median Earnings
$890
Median Rent
$274,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A former restaurant layout includes a complete kitchen and two separate dining areas.
Where is this conventional restaurant located?
The property is located at 108 W MAIN Ave Chewelah, WA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,654‑square‑foot restaurant building on a 0.43‑acre lot; Full kitchen and two dining areas; Basement included
