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    4211 East Westwood Ave Chattaroy, WA 99003

    For Sale
    $799,000

    Two-tenant building with new leases and income in Chattaroy, WA.

    Property size:
    6,400 SF

    Property Features for 4211 East Westwood Ave

    General Information

    Size
    6,400 SF

    Building Details

    Year built
    1982

    Source: John Powers Agent John Powers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    6,400 SF Two-Tenant Building

    The property features a 6,400 SF ± building situated on 2.37 acres of land. It is currently occupied by two tenants: Whiskey Glasses Restaurant and Bar, and Sienna Studio Salon. Both tenants have new 5-year leases in place, featuring 3% yearly increases. The current Net Operating Income (NOI) is $61,800. A large pylon sign is present on the property. The location benefits from high traffic, being situated just off Hwy 2 on N. Newport Hwy and E. Westwood Ave in Chattaroy, WA. Deed restrictions are in place to prevent future development of convenience stores, gas stations, or coffee drive-thrus on the site.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Kitchen & Bath Bar & Pub Plumbing Service Nursing Home

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

    Similar Places Nearby

    Patsy's Pour House, Whiskey Glasses Bar and Grill, Whiskey Glasses

    Location Insight

    • Map
    • Local Demand
    City
    Chattaroy
    County
    Spokane
    State
    Washington
    Longitude
    -117.34908
    Latitude
    47.914111

    Nearby Similar for Sale

    • $899,000
      6,400 SF

      Prime Chattaroy Retail Investment

      6,400 SF Multi-Tenant Retail Building
      4211 Westwood Ave, Chattaroy, WA 99003
      View Details
    • $299,000
      62,726 SF

      Chattaroy Retail Pad: Prime Location

      Vacant Retail Space, High Visibility
      34478 Newport Hwy, Chattaroy, WA 99003
      View Details

    FAQs

    What type of property is this?
    Bar - Two-tenant building with new leases and income in Chattaroy, WA.
    Where is this bar located?
    The property is located at 4211 East Westwood Ave Chattaroy, WA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - High traffic location on N. Newport Hwy and E. Westwood Ave; - Two tenants: Whiskey Glasses Restaurant and Bar, and Sienna Studio Salon; - New 5 year leases with 3% yearly increases
    (509) 622-3563
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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
    4211 East Westwood Ave Chattaroy, WA 99003
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