576 W Main Street, Chehalis, WA 98532
Turnkey restaurant opportunity with real estate and business for sale.
- Added:
- Apr 2, 2025
- Days on Market:
- 461
- Last Refresh:
- Jul 5 at 9:21 am
Property Features for 576 W Main Street
General Information
- Standard status
- Active
- Size
- 12,267 SF
- Property subtype
- Retail
Listing office Macadam Forbes (503) 227-2500
Listing date Apr 2, 2025
Source Crexi
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 Macadam Forbes
HighLights
- Turnkey restaurant/grocery business opportunity with established brand (Jeremy's) and positive cash flow.
- Prime location with excellent access and visibility to Interstate 5 in Chehalis, Washington.
- Abundant on‑site parking.
- Beautiful building upgrades.
- Includes real estate and business together.
- All equipment, infrastructure, and staff potentially available.
Overview
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 | $232.6k | $18.96 |
| − Vacancy | −$6.0k | −$0.49 |
| EGI | $226.5k | $18.47 |
| − OpEx | −$68.0k | −$5.54 |
| NOI | $158.6k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chehalis
- County
- Lewis
- State
- Washington
- Longitude
- -122.9718016
- Latitude
- 46.661494