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    1613 Westside Hwy Kelso, WA 98626

    Sponsored
    For Sale
    $2,500,000

    High-Cap Retail Investment Opportunity in Kelso, WA

    Property size:
    5,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1613 Westside Hwy in Kelso, Washington, presents a compelling investment opportunity. Boasting 5,812 square feet on a 1.7-acre lot, this C-2 Urban Commercial zoned property offers significant potential. The asking price is $2,500,000, with a projected cap rate of 5.25%. The property benefits from its convenient location near I-5 Exit 42, providing excellent visibility and accessibility. Currently housing a thriving, pandemic-proof business, the property features multiple dining structures and amenities, accommodating a total restaurant capacity of 275 (both indoor and outdoor seating). Ample parking is available for 125 vehicles, supplemented by an adjacent lot lease. The property's large indoor and outdoor seating areas cater to a diverse clientele. This is a rare opportunity to acquire a well-established, high-performing retail center in a desirable location with strong growth potential. The property's zoning allows for a variety of commercial uses, making it an attractive investment for both seasoned and new investors. The substantial lot size offers room for expansion or future development. This turnkey operation is ready for immediate income generation. Detailed financial information is available upon request.

    Property Features for 1613 Westside Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    5,812 SF
    Lot Size
    74,052 SF

    HighLights

    • I‑5 Exit 42 (Lexington) proximity.
    • 0.93‑acre lot.
    • C‑2 Urban Commercial zoning.
    • Established, recession‑resistant business.
    • Multiple dining structures with ample amenities.
    • 275‑person restaurant capacity (indoor/outdoor).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lexi's Pizza Pub Pizza Restaurant

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Accounting Firm Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kelso
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.9064597
    Latitude
    46.1872575

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    FAQs

    What type of property is this?
    Retail property - High-Cap Retail Investment Opportunity in Kelso, WA
    Where is this retail property located?
    The property is located at 1613 Westside Hwy Kelso, WA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: I-5 Exit 42 (Lexington) proximity.; 0.93-acre lot.; C-2 Urban Commercial zoning.
    Request Owner's contact information
    1613 Westside Hwy Kelso, WA 98626
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    Kelso, WA 98626
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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
    1613 Westside Hwy Kelso, WA 98626
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