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Restaurant and Tap House Income
For Sale
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28114 N Newport Highway, Chattaroy, WA 99003

For-sale restaurant income property with a separate newly remodeled tap house on Highway 2.

Property SizeContact for details
Days on Market123

Property Features for 28114 N Newport Highway

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Listing Agency: Coldwell Banker Commercial
Listed By: Barb Pielli · License #WA- B41414
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial

Investment Insights

Based on property information with market context.

This for-sale income property includes a well-established restaurant and a separate newly remodeled tap house. The restaurant features a designated bar area. Additional income is generated through a land lease of a mobile home on the property.

The property is located on Highway 2 with heavy traffic heading to recreation. The offering includes separate septic systems for all structures and Whitworth Water service.

The real estate is offered with an existing 5-year lease on the restaurant and a 4-year lease on the tap house, providing in-place rental income at the property level.

Key Highlights

  • Restaurant income property on Highway 2 with heavy traffic to recreation
  • Includes a separate newly remodeled tap house
  • Restaurant features a designated bar area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Hair Salon Nail Salon Plumbing Service Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 99003, WA

5,302
Population
2,115
Households
2.5
Avg Household Size
49
Median Age
20%
College-Educated
96%
High-School Grad
76.2 sq mi
ZIP Area
70
Density / Sq Mi
$71,624
Median Household Income
$42,727
Median Earnings
$850
Median Rent
$410,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For-sale restaurant income property with a separate newly remodeled tap house on Highway 2.
Where is this conventional restaurant located?
The property is located at 28114 N Newport Highway Chattaroy, WA.
What are key features of this property?
This property features: Restaurant income property on Highway 2 with heavy traffic to recreation; Includes a separate newly remodeled tap house; Restaurant features a designated bar area
More about this property
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