Remodeled Restaurant with Master
2014 Main St Vancouver, WA 98660
For Sale
$1,700,000
Recently remodeled restaurant with catering and a tasting room, offered on a sale-leaseback with a long-term master lease.
Days on Market284
Property Features for 2014 Main St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1905
Listing Agency:
Opportunities W/ Venture CRE
(520) 909-4424
Listed By:
Lyle Stratton · License #861100172
(520) 909-4424
Source:
Allprofessionalsre
Added: Oct 20, 2025
Changed: Jul 27
Last Checked: Jul 29 at 1:26PM
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 Opportunities W/ Venture CRE
Investment Insights
Based on property information with market context.
This offering is a sale-leaseback featuring a recently completed $1,000,000 remodel. The property operates as a restaurant with catering and a tasting room, with one long-term master lease in place. The strong tenant is described as the majority owner in both businesses operating within the facility.
The public remarks indicate the property is located in uptown Vancouver, Washington, though no additional site details are provided in the listing information.
The current operating configuration includes a restaurant, catering service component, and a tasting room under the single master lease arrangement.
The public remarks indicate the property is located in uptown Vancouver, Washington, though no additional site details are provided in the listing information.
The current operating configuration includes a restaurant, catering service component, and a tasting room under the single master lease arrangement.
Key Highlights
- Sale‑leaseback offering with one long‑term master lease with a strong tenant
- Recently completed $1,000,000 remodel
- Restaurant with catering and a tasting room
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $18.00 |
| − Vacancy | −$4.3k | −$1.13 |
| EGI | $63.6k | $16.87 |
| − OpEx | −$15.9k | −$4.22 |
| NOI | $47.7k | $12.65 |
3,768 SF · lease $18.00/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$680.9K
$595.8K – $794.4K
NOI $47,663 @ 7.0% cap · market cap 2.80%
Second Best
Industrial
$486.4K
$425.6K – $567.5K
NOI $34,047 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$921.9K
$806.7K – $1.08M
NOI $64,535 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Recently remodeled restaurant with catering and a tasting room, offered on a sale-leaseback with a long-term master lease.
Where is this conventional restaurant located?
The property is located at 2014 Main St Vancouver, WA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Sale‑leaseback offering with one long‑term master lease with a strong tenant; Recently completed $1,000,000 remodel; Restaurant with catering and a tasting room
