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Downtown Restaurant Lot and Vacant Land
For Sale
Contact for pricing
Pending

117 W third Ave, Moses Lake, WA 98837

Includes a long-time Mexican restaurant and an adjacent vacant lot with utilities and commercial-to-residential multifamily zoning.

Property SizeContact for details
Days on Market119

Property Features for 117 W third Ave

General Information

Standard status Pending
Property subtype Special Purpose
Zoning Commercial, Ground level commercial and upper level residential, multifamily

Additional Details

Business Included Yes
Utilities to Site Yes
Listing Agency: Century 21 Alsted Real Estate
Listed By: Julie Johnson · License #WA
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 9 at 7:10AM

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 Century 21 Alsted Real Estate

Investment Insights

Based on property information with market context.

This offering consists of two downtown Moses Lake parcels: one is improved with a long-time tenant, a Mexican restaurant. The second parcel is a vacant lot with zoning that allows commercial use on the ground level and upper-level residential multifamily.

The vacant lot is described as tax exempt and has power, water, and sewer available. The property is accessed from Pioneer, then to Broadway, with directions involving Ash Street and Third Ave, with the property located on the right.

Together, the configuration provides both income from the operating restaurant and a separate, serviced lot identified for commercial and multifamily residential development as outlined in the provided remarks.

Key Highlights

  • Two properties in downtown Moses Lake: a long‑time Mexican restaurant plus an adjacent vacant lot
  • Vacant lot zoning allows commercial, ground‑level commercial with upper‑level residential/multifamily use
  • Vacant lot is tax exempt

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby
196k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 31% Groceries 23% Home Improvements & Furnishings 7%
Safeway Groceries
44,560 visits/mo 0.5 miles
Safeway Gas Shops & Services
23,486 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
18,582 visits/mo 0.2 miles
Jack in the Box Dining
15,690 visits/mo 0.4 miles
Harbor Freight Tools Home Improvements & Furnishings
8,186 visits/mo 0.2 miles

Demographics for 98837, WA

46,262
Population
18,651
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
486.2 sq mi
ZIP Area
95
Density / Sq Mi
$70,732
Median Household Income
$44,214
Median Earnings
$1,128
Median Rent
$290,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Includes a long-time Mexican restaurant and an adjacent vacant lot with utilities and commercial-to-residential multifamily zoning.
Where is this commercial land located?
The property is located at 117 W third Ave Moses Lake, WA.
What are key features of this property?
This property features: Two properties in downtown Moses Lake: a long‑time Mexican restaurant plus an adjacent vacant lot; Vacant lot zoning allows commercial, ground‑level commercial with upper‑level residential/multifamily use; Vacant lot is tax exempt
(509) 766-2902 Call to check price and availability
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