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    1596 W 7Th St Newport, WA 99156

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    For Sale
    $1,850,000

    Restaurant building with banquet room and chef's kitchen for sale.

    Property size:
    3,644 SF

    Property Features for 1596 W 7Th St

    General Information

    Size
    3,644 SF

    Building Details

    Year built
    2003

    Source: John Powers Agent John Powers

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

    Overview

    Restaurant Building with Banquet Room

    The property features a 3,644 square foot restaurant building, which includes a banquet room, a large dining room, and a chef's kitchen, along with an approximately 1,100 square foot basement. Situated on a large 33,600 square foot lot, the property includes a newly paved and striped parking lot. It has 160 feet of frontage on Highway 2 at the entrance of Newport, heading north into town from Spokane. The property has been the site of a successful business for 30 years, with 20 years at the same location. It is located on 7th St, just off of U.S. Rte. 2. The property is well-maintained with recent upgrades. It could be redeveloped for a drive-thru restaurant, medical building, or office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden China Restaurant Chinese Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Pend Oreille
    State
    Washington
    Longitude
    -117.0627189
    Latitude
    48.1758287

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    FAQs

    What type of property is this?
    Restaurant - Restaurant building with banquet room and chef's kitchen for sale.
    Where is this restaurant located?
    The property is located at 1596 W 7Th St Newport, WA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Large 33,600 SF ± Lot with Newly Paved and Striped Parking Lot; - 160 FT of Hwy 2 Frontage at the Entrance of Newport; - 3,644 SF ± Restaurant Building with Banquet Room, Large Dining Room and Chef's Kitchen Plus 1,100 SF ± Basement
    (509) 622-3563
    Request Owner's contact information
    1596 W 7Th St 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

    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
    1596 W 7Th St Newport, WA 99156
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