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    18617 Williams Lake Rd Cheney, WA 99004

    Sponsored
    For Lease
    $10 SF/Yr ($2,492 /Mo)

    Turnkey eatery, lake views, established business.

    Lot size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey restaurant and bar opportunity is located at 18617 W Williams Lake Rd, Cheney, WA 99004, in Spokane County. Boasting a spacious 2,800 square feet, this single-tenant property offers stunning views of Williams Lake, situated at Klink's Resort just outside of Spokane and Cheney. The sale includes all existing kitchen equipment, ensuring a seamless transition for the new owner. Furthermore, all indoor and outdoor furniture is included, eliminating the need for significant upfront investment in furnishings. This established business presents a unique opportunity to acquire a fully operational restaurant and bar with immediate revenue potential. The property is conveniently located and benefits from an existing customer base. The Tax ID number is 11056.9603. This is an ideal opportunity for an experienced restaurateur looking to acquire a well-equipped and established business with immediate earning potential, or for a new entrepreneur seeking a turnkey operation with minimal start-up costs. The property's prime location and stunning lake views provide a significant competitive advantage. This is a rare opportunity to own a successful restaurant and bar in a desirable location.

    Property Features for 18617 Williams Lake Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,800 SF
    Total Rate
    2492

    Unit(s) available at that property

    Space
    Size
    2,800 SF
    Rate per SF
    $10
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.6708773
    Latitude
    47.3350524

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    FAQs

    What type of property is this?
    Restaurant - Turnkey eatery, lake views, established business.
    Where is this restaurant located?
    The property is located at 18617 Williams Lake Rd Cheney, WA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    Request Owner's contact information
    18617 Williams Lake Rd Cheney, WA 99004
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    Cheney, WA 99004
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    18617 Williams Lake Rd Cheney, WA 99004
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