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    Restaurant and Motel Property Title is generated by Realmo AI

    2911 Us Highway 12, Silver Creek, WA 98585

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    For Sale
    $2,300,000

    Well-established restaurant with an 8-unit remodeled motel, laundry, and office on highway-visible retail/hotel-motel zoned land.

    Type:Commercial
    Property size:
    2,700 SF
    Lot size:
    7.00 Acres
    Price / SF:
    $851/SF
    Added:
    May 19, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 5 at 2:46 am

    Property Features for 2911 Us Highway 12

    General Information

    Standard status
    Active
    Size
    2,700 SF
    Lot size
    7.00 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1961

    We can help!

    Listing Contact
    Gena Neitzel

    Listing office 4 U Real Estate

    Listing date May 19, 2026

    Source Century21northhomes

    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 4 U Real Estate

    HighLights

    • Well‑established restaurant with seating for 100 and a banquet room
    • 8‑unit motel that includes laundry and office space
    • Motel is 2,700 SF and has been remodeled; one unit currently rented
    • Property covers just under 7 acres and is zoned Retail/Hotel/Motel
    • Fully equipped restaurant and motel included with inventory and equipment
    • Located about 1 mile west of Lake Mayfield

    Overview

    This offering combines a fully equipped restaurant with an 8-unit motel on a single parcel. The restaurant seats 100 and includes a banquet room, and it is offered with the business coming turn-key with inventory and equipment. The motel includes a laundry area and office, and the motel square footage is described as 2,700. The property notes that the motel has been remodeled, with one unit currently rented.

    The site is described as just under 7 acres and zoned for Retail/Hotel/Motel, with “great Hwy visibility” for the restaurant and overall property presence. It is located one mile west of Lake Mayfield in the recreation area of Lewis County, and the listing notes that the restaurant is equipped to support on-site dining and events.

    For operators or buyers seeking a mixed hospitality and food concept, this configuration provides two revenue-generating components under one ownership: a dine-in restaurant with banquet space and an 8-unit motel suitable for nightly or monthly rentals, as described in the materials. The property’s turn-key condition is intended to support immediate operation, while the defined zoning and existing infrastructure can accommodate continued use as a restaurant and lodging facility.
    Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hotel & Motel Accounting Firm Furniture & Home Goods Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant

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

    Similar Places Nearby

    • Andy's Acres — 2833A US-12 #341, Silver Creek, WA 98585

    Location Insight

    • Map
    • Local Demand
    City
    Silver Creek
    County
    Lewis
    State
    Washington
    Longitude
    -122.588989
    Latitude
    46.521162

    FAQs

    What type of property is this?
    Motel - Well-established restaurant with an 8-unit remodeled motel, laundry, and office on highway-visible retail/hotel-motel zoned land.
    Where is this motel located?
    The property is located at 2911 Us Highway 12 Silver Creek, WA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Well‑established restaurant with seating for 100 and a banquet room; 8‑unit motel that includes laundry and office space; Motel is 2,700 SF and has been remodeled; one unit currently rented
    We can help!
    Listing Contact
    Gena Neitzel
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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