For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Restaurant/Grocery Location in Chehalis, WA Title is generated by Realmo AI

    576 W Main Street, Chehalis, WA 98532

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Turnkey restaurant opportunity with real estate and business for sale.

    Type:Retail
    Property size:
    12,267 SF
    Price / SF:
    $153/SF
    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

    We can help!

    Contact an agent
    Clayton Madey
    Clayton Madey

    Listing office Macadam Forbes

    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

    This prominent restaurant and grocery location features building upgrades and on-site parking. The seller is offering the real estate and the established business together, presenting a turnkey restaurant opportunity. Business financials are available upon request. All equipment, infrastructure, and staff may be available to a buyer/operator. Located in Chehalis, Washington, the property spans a full block and offers access and visibility to Interstate 5. Chehalis, in Lewis County, Washington, has transitioned from a logging and railroad town to focus on manufacturing and warehousing in the 21st century. The property is suitable for conventional restaurants, retail, grocery and convenience stores, and other commercial real estate ventures. The building size is 12,267 square feet.

    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
    12,267 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.27M
    $1.98M – $2.64M (±1% cap)
    NOI $158,575 @ 7.0% cap · market cap 8.43%
    Second Best
    Specialty Retail
    $1.84M
    $1.61M – $2.15M (±1% cap)
    NOI $129,039 @ 7.0% cap · market cap 6.86%
    Theoretical Best
    Office A
    $3.74M
    $3.27M – $4.37M (±1% cap)
    NOI $261,905 @ 7.0% cap · market cap 13.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Department Store Dental Office Electronics & Wireless Store Hotel & Motel Bar & Pub Gym & Fitness Center Daycare Center (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chehalis
    County
    Lewis
    State
    Washington
    Longitude
    -122.9718016
    Latitude
    46.661494

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant opportunity with real estate and business for sale.
    Where is this conventional restaurant located?
    The property is located at 576 W Main Street Chehalis, WA.
    What is the asking price?
    The asking price for this property is $1,880,000.
    What are key features of this property?
    This property features: 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.
    (503) 227-2500 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message