Corner Lot
918 W Wine Country Rd Grandview, WA 98930
For Sale
Contact for pricing
Zoned Light Industrial with public utilities available on a corner lot site previously used as a restaurant.
Property Size2,266 SF
Price / SF$174.32
Days on Market23
Property Features for 918 W Wine Country Rd
General Information
Standard status
Active
Size
2,266 SF
Property subtype
RETAIL
Listing Agency:
Keller Williams Yakima Valley
(509) 388-6499
Listed By:
Adam Ranger · License #122859
(509) 388-6499
Source:
Moodyscre
Added: Jul 8
Changed: Jul 29
Last Checked: Jul 29 at 3:04PM
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 Keller Williams Yakima Valley
Investment Insights
Based on property information with market context.
918 W Wine Country Rd in Grandview, WA is a corner lot commercial property previously used as a restaurant. The space includes ample square footage and features a full kitchen plus plenty of storage, supported by existing restaurant buildout components.
The property sits on nearly 3/4 of an acre and is zoned Light Industrial. Public utilities are all available, offering flexibility for continued restaurant use or other permitted concepts consistent with the Light Industrial zoning designation.
If you’re looking for a restaurant-ready commercial site with utilities in place and a Light Industrial zoning base, this corner lot location provides a practical foundation for a variety of uses.
The property sits on nearly 3/4 of an acre and is zoned Light Industrial. Public utilities are all available, offering flexibility for continued restaurant use or other permitted concepts consistent with the Light Industrial zoning designation.
If you’re looking for a restaurant-ready commercial site with utilities in place and a Light Industrial zoning base, this corner lot location provides a practical foundation for a variety of uses.
Key Highlights
- Corner lot commercial property previously used as a restaurant
- Full kitchen and plenty of storage
- Nearly 3/4 of an acre lot
Financial Insights For Specialty 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 | $32.1k | $14.16 |
| − Vacancy | −$1.3k | −$0.59 |
| EGI | $30.7k | $13.57 |
| − OpEx | −$7.7k | −$3.39 |
| NOI | $23.1k | $10.17 |
2,266 SF · lease $14.16/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$329.3K
$288.2K – $384.2K
NOI $23,054 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.2K
$402.7K – $536.9K
NOI $32,212 @ 7.0% cap · market cap 8.15%
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?
Conventional restaurant - Zoned Light Industrial with public utilities available on a corner lot site previously used as a restaurant.
Where is this conventional restaurant located?
The property is located at 918 W Wine Country Rd Grandview, WA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Corner lot commercial property previously used as a restaurant; Full kitchen and plenty of storage; Nearly 3/4 of an acre lot
