157 Salkum Rd Salkum, WA 98582
This unique Salkum, WA property presents a fantastic dual investment opportunity, encompassing a thriving 1180-square-foot commercial bar and a captivating turn-of-the-century residence. The bar offers significant potential for growth and expansion, currently operating and ready for a new owner to capitalize on its existing success. Separately, the charming 3-bedroom, 1-bathroom home boasts approximately 1670 square feet of living space, complemented by an unfinished basement. Original wood features, high ceilings, built-in elements, and massive living room windows retain the home's historical character. A metal roof ensures durability, while forced-air heat with a heat pump provides efficient climate control. A convenient circle driveway and covered carport enhance accessibility. The home requires renovation to restore its former glory, presenting a rewarding project for a buyer with vision. Both structures are situated on a sizable 0.89-acre lot, offering ample space and possibilities. This combined commercial and residential property is ideal for an investor seeking a multifaceted venture with significant upside potential. The property is priced at $469,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.