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Insulated Retail Shop

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
Listed by Jason Cartee · License #25006733
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Parking Lot & Garage Building Supply HVAC Service Dental Office Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Real Estate Agency

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

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
Contact an agent
More about this property
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