54106 Mtn Hwy Elbe, WA 98330

Property Details for 54106 Mtn Hwy

Year built

1987

Property type

Commercial real estate

Description

This exceptional investment opportunity presents the renowned Mt. Rainier Railroad Dining Co. & Hobo Inn, a unique destination nestled at the foothills of Mt. Rainier. Established nearly 38 years ago, this property boasts an unparalleled collection of 23 historic cabooses – one of the largest in the United States – all conveying with the sale. Six cabooses are currently utilized for dining, a bar, gift shop, kitchen, and refrigeration, providing ample space for the existing business operations. Nine cabooses comprise the distinctive Hobo Inn lodging experience, offering a truly memorable stay for guests. Three additional cabooses serve as storage and maintenance facilities, ensuring efficient operations. Further enhancing the property's appeal is a dedicated caboose offering gourmet pizza for takeout or outdoor dining. Adding to the property's rich history, four cabooses represent a portion of the Bi-centennial Freedom Train, famously ridden by President Gerald Ford. This turnkey operation presents a rare chance to acquire a well-established, iconic business with significant historical value and substantial potential for growth. The property's unique character and prime location offer a compelling investment opportunity in a highly desirable tourist destination. The sale includes all existing furnishings, equipment, and the extensive collection of historic cabooses. This is a truly once-in-a-lifetime opportunity to own a piece of American history and a thriving business. The property is offered at $4,250,000.

Location Insight

City

Elbe

County

Pierce

State

Washington

Longitude

-122.195

Latitude

46.7653