Insulated Retail
3941 Highway 292 Loon Lake, WA 99148
3941 Highway 292, Loon Lake, WA, 99148
$400,000
Pending
For Sale
$400,000
Pending
Insulated 1,374-sf retail shop with 200-amp service and water and sewer available at the property.
Property Size1,374 SF
Days on Market31
Property Features for 3941 Highway 292
General Information
- Standard status
- Pending
- Size
- 1,374 SF
Listing agency
Real Estate Marketplace NW, Inc
(509) 953-9269
Listed by
Jason Cartee · License #25006733
(509) 953-9269
Source
Exprealty
Added: Jun 23 Updated: Jul 22 at 8:31PM Checked: Jul 22 at 8:31PM
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 Real Estate Marketplace NW, Inc
Investment Insights
Based on property information with market context.
This insulated retail shop is approximately 1,374 square feet and includes 200-amp service. Water and sewer are available at the property, providing key utilities for day-to-day operations.
The property is located in Loon Lake, Washington, approximately 300 feet from the roundabout at Highway 395 and Highway 292. WSDOT vehicle count data for 2025 shows Highway 395 averaging over 8,000 vehicles per day and Highway 292 averaging over 4,000 vehicles per day.
The site is offered for sale as a retail space suitable for a tenant or owner-operator seeking a high-visibility storefront location with existing utilities.
The property is located in Loon Lake, Washington, approximately 300 feet from the roundabout at Highway 395 and Highway 292. WSDOT vehicle count data for 2025 shows Highway 395 averaging over 8,000 vehicles per day and Highway 292 averaging over 4,000 vehicles per day.
The site is offered for sale as a retail space suitable for a tenant or owner-operator seeking a high-visibility storefront location with existing utilities.
Key Highlights
- Approximately 1,370‑sf insulated retail shop
- 200‑amp electrical service
- Water and sewer available at the property
Local Financial Insights For 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 | $22.3k | $16.20 |
| − Vacancy | −$1.9k | −$1.38 |
| EGI | $20.4k | $14.82 |
| − OpEx | −$6.1k | −$4.45 |
| NOI | $14.3k | $10.38 |
1,374 SF · lease $16.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$203.7K
$178.2K – $237.6K
NOI $14,257 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.5K
$310.2K – $413.6K
NOI $24,814 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Insulated 1,374-sf retail shop with 200-amp service and water and sewer available at the property.
Where is this storefront property located?
The property is located at 3941 Highway 292 Loon Lake, WA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 1,370‑sf insulated retail shop; 200‑amp electrical service; Water and sewer available at the property