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    305 Grand Ave Pullman, WA 99163

    Sponsored
    For Sale
    $1,700,000

    Established Eatery, Huge Potential

    Property size:
    17,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 305 N Grand Ave in Pullman, Washington, presents a unique investment opportunity. The property, known as "The Lumberyard," encompasses a substantial 17,475 square feet and sits on a 0.78-acre lot. Built in 1960, the property consists of two buildings, each two stories high, offering versatile space for a thriving business. The main structure is a distinctive Quonset hut design, perfectly suited for its current use as a restaurant and bar. The property boasts a fully equipped commercial kitchen, a walk-in freezer, and two fully functional bars, ensuring efficient operation. Outdoor amenities include a patio for seating, a playground, and a family entertainment center, adding significant appeal to the location. Adding to the property's income potential is a 2-bedroom Airbnb unit attached to the main building, providing an additional revenue stream. The property's APN numbers are 108150049050000 and 814700000000256. This turnkey operation is available for sale at $1,700,000 and presents a rare chance to acquire a well-established and profitable business in a desirable location. The property's size, amenities, and prime location in Pullman, WA (zip code 99163) make it an ideal investment for discerning buyers seeking a high-return opportunity in the hospitality industry.

    Property Features for 305 Grand Ave

    General Information

    Property type
    Restaurants
    Square Feet
    17,475 SF
    Lot Size
    33,977 SF

    Building Details

    Year Built
    1960
    Buildings
    2
    Stories
    2

    HighLights

    • $1,700,000 asking price.
    • 17,475 square foot retail property.
    • Restaurant and bar with full commercial kitchen, walk‑in freezer, and two full bars.
    • Includes patio seating, playground, and family entertainment center.
    • Two‑building property, two stories, built in 1960, on a 0.78‑acre lot in Pullman, WA.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    MANG'S SUSHI Restaurant Big Money Compound ... Wrestling School Housing For Washington State Housing Authority THE BOWL Restaurant Island Grill Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Pullman
    County
    Whitman
    State
    Washington
    Longitude
    -117.18014135
    Latitude
    46.73168836

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    FAQs

    What type of property is this?
    Restaurant - Established Eatery, Huge Potential
    Where is this restaurant located?
    The property is located at 305 Grand Ave Pullman, WA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 17,475 square foot retail property.; Restaurant and bar with full commercial kitchen, walk-in freezer, and two full bars.
    Request Owner's contact information
    305 Grand Ave Pullman, WA 99163
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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
    305 Grand Ave Pullman, WA 99163
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