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33723-33731 SE Redmond-Fall City Rd Fall City, WA

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For Sale
$1,800,000

Mixed-use property with established restaurants and apartment in Fall City.

Property size:
5,872 SF
Lot size:
0.21 Acres

Property Features for 33723-33731 SE Redmond-Fall City Rd

General Information

Size
5,872 SF
Lot size
0.21 Acres

Source: NAI Puget Sound Properties Agent Kyle Schipper, SIOR

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


Overview

Fall City Mixed-Use Investment Property

This mixed-use property in downtown Fall City, Washington, features a total area of 5,872 square feet on a 0.17-acre lot. The property includes the 1,100-square-foot Riverside Tavern, which has an existing NNN lease expiring on September 30, 2031. Additionally, the Fall City Bar & Grill occupies 4,203 square feet under a NNN lease with 5 years remaining. A 569-square-foot, two-bedroom apartment is located on the second story. Situated along Highway 202 and across from the Snoqualmie River, the property benefits from its location in a fast-growing East King County submarket. A new roof is scheduled to be installed in the summer of 2025. The property has a cap rate of 6.67%. The property includes highly rated and established restaurants.
Location Intelligence

Current Use by Public Records

Bars

Map

City
Fall City
County
King
State
Washington
Longitude
-121.8887269
Latitude
47.5673237

FAQs

What type of property is this?
Restaurant - Mixed-use property with established restaurants and apartment in Fall City.
Where is this restaurant located?
The property is located at 33723-33731 SE Redmond-Fall City Rd Fall City, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - High-traffic downtown Fall City location along Highway 202 and across from the Snoqualmie River.; - Two established NNN leases in place with the Riverside Tavern and Fall City Bar & Grill providing immediate income.; - Attractive 6.67% cap rate.
More about this property
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