Leased Restaurant and
For Sale
$1,000,000
920 Front, Leavenworth, WA 98826
Restaurant and bar space with a designed interior layout, large outdoor patio seating, and panoramic mountain views.
Property Size5,100 SF
Price / SF$196.08
Days on Market114
Property Features for 920 Front
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Listing Agency:
Mike West Leavenworth Realty
Listed By:
Cameron M West
(509) 548-5802
Source:
Skylineproperties
Added: Jun 19
Changed: Oct 10
Last Checked: Oct 10 at 1:34AM
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 Mike West Leavenworth Realty
Investment Insights
Based on property information with market context.
For sale: a leased restaurant and bar operation with a thoughtfully designed layout within a 5,100-square-foot space. The premises includes dining and bar accommodations and features large outdoor patio seating for guest use.
Located in downtown Leavenworth at 920 Front, the property offers panoramic mountain views and is positioned in a high-visibility, tourist-oriented setting.
This is presented as a turnkey opportunity for an experienced operator, with the existing restaurant and bar setup in place for continued operation.
Located in downtown Leavenworth at 920 Front, the property offers panoramic mountain views and is positioned in a high-visibility, tourist-oriented setting.
This is presented as a turnkey opportunity for an experienced operator, with the existing restaurant and bar setup in place for continued operation.
Key Highlights
- 5,100 SF leased restaurant and bar premises with a designed interior layout
- Large outdoor patio seating for guest dining
- Panoramic mountain views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,150
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,000
$1.6M
Cap Rate 7%
$1,130,714
$1.1M
Cap Rate 9%
$879,444
$879.4K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$110.2K $21.60/SF
− Vacancy
−$4.6K −$0.91/SF
EGI
$105.5K $20.69/SF
− OpEx
−$26.4K −$5.17/SF
NOI
$79.1K $15.52/SF
Area
Chelan County, WA
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,583,000
Cap Rate 7%
$1,130,714
Cap Rate 9%
$879,444
Alternative Uses
Best Use
Specialty Retail
$1.13M
$989.4K – $1.32M
NOI $79,150 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,636 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98826, WA
7,280
Population
5,868
Households
1.2
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
1,015.6 sq mi
ZIP Area
7
Density / Sq Mi
$85,594
Median Household Income
$46,935
Median Earnings
$1,122
Median Rent
$639,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and bar space with a designed interior layout, large outdoor patio seating, and panoramic mountain views.
Where is this conventional restaurant located?
The property is located at 920 Front Leavenworth, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 5,100 SF leased restaurant and bar premises with a designed interior layout; Large outdoor patio seating for guest dining; Panoramic mountain views
