Grocery Store with Second-Floor
814 Lincoln St Hoquiam, WA 98550
New
For Sale
Contact for pricing
Grocery store on three parcels with off-street parking and a second-floor 2 bed, 2 bath residence, plus included trade fixtures.
Property Size3,990 SF
Price / SF$150.35
Days on Market6
Property Features for 814 Lincoln St
General Information
Standard status
Active
Size
3,990 SF
Property subtype
RETAIL
Listing Agency:
Premier Realty Grays Harbor, LLC
(360) 580-7273
Listed By:
Harley Greninger · License #2750
(360) 580-7273
Source:
Moodyscre
Added: Jul 24
Changed: Jul 28
Last Checked: Jul 28 at 6:57PM
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 Premier Realty Grays Harbor, LLC
Investment Insights
Based on property information with market context.
The Lincoln Street Grocery is offered on three parcels, providing off-street parking and additional space described as suitable for expansion. The retail operation includes multiple coolers and generators, along with signage and other trade fixtures.
The property is positioned on a street described as having very wide street shoulders, which may accommodate larger vehicles. A spacious 2 bedroom, 2 bath suite is located on the second floor above the store.
This is a turnkey-style offering for an operator seeking an established grocery/convenience format with on-site improvements and a residential component included in the same property footprint.
The property is positioned on a street described as having very wide street shoulders, which may accommodate larger vehicles. A spacious 2 bedroom, 2 bath suite is located on the second floor above the store.
This is a turnkey-style offering for an operator seeking an established grocery/convenience format with on-site improvements and a residential component included in the same property footprint.
Key Highlights
- Grocery store serving Hoquiam for over 60 years
- Property includes 3 parcels with ample off‑street parking
- Very wide street shoulders accommodate big rigs, including log trucks and other 18‑wheelers
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 | $71.8k | $18.00 |
| − Vacancy | −$3.0k | −$0.76 |
| EGI | $68.8k | $17.24 |
| − OpEx | −$20.6k | −$5.17 |
| NOI | $48.2k | $12.07 |
3,990 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$884.6K
$774.0K – $1.03M
NOI $61,923 @ 7.0% cap · market cap 10.32%
Second Best
Retail
$688.0K
$602.0K – $802.7K
NOI $48,162 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$1.10M
$962.4K – $1.28M
NOI $76,991 @ 7.0% cap · market cap 12.83%
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?
Grocery and convenience store - Grocery store on three parcels with off-street parking and a second-floor 2 bed, 2 bath residence, plus included trade fixtures.
Where is this grocery and convenience store located?
The property is located at 814 Lincoln St Hoquiam, WA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Grocery store serving Hoquiam for over 60 years; Property includes 3 parcels with ample off‑street parking; Very wide street shoulders accommodate big rigs, including log trucks and other 18‑wheelers
