1454 Old Hwy Malott, WA 98829
This exceptional commercial property presents a unique investment opportunity in Malott, WA. The Wagon Wheel Bar & Grill, a well-established and successful restaurant, occupies a substantial 3800+ square foot building. The property includes a fully functional bar and restaurant area, complete with a spacious kitchen, multiple offices, and a convenient conference area. Outdoor amenities include expansive decks and a fenced beer garden, providing ample space for patrons. Extensive paved parking ensures convenient access for customers. Adding to the property's versatility is a 1200 square foot living quarters situated at the rear of the building, featuring two bedrooms and one and three-quarter bathrooms. Additional storage is available in the basement. The property encompasses over 1.7 acres of land, strategically located on a corner lot with easy access to both Old Highway 97 and the new Highway 97, ensuring high visibility and accessibility. A private well and septic system service the property. Further enhancing the property's potential are a barn and another outbuilding, along with a creek running through the land. The existing infrastructure presents a strong foundation for continued success, while the ample space and desirable location offer significant potential for expansion and diversification, such as adding RV pads for supplemental income. This turnkey operation offers a rare blend of established business and significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.