21328 Sr 207 Leavenworth, WA 98826
This exceptional commercial property in Leavenworth, WA presents a unique investment opportunity. The 1+ acre lot, situated on a tranquil stretch of the Wenatchee River, boasts a charming 3792 square foot log building constructed in 1972. Currently operating as the successful Headwaters Pub and Pizza, the property offers ample space for expansion and diverse commercial ventures. The building's warm and inviting atmosphere attracts both locals and tourists, capitalizing on Leavenworth's popularity as a year-round destination. Its prime location directly off Highway 207 ensures high visibility and accessibility. The property's Rural Commercial zoning is a significant advantage, being one of only a few such properties in the Plain/Lake Wenatchee community. This presents a rare chance to acquire established commercial real estate with significant potential for growth and development in a highly desirable location. The existing restaurant provides a strong foundation for continued success, while the expansive lot and riverfront setting offer exciting possibilities for future expansion or complementary businesses. This is a truly exceptional opportunity to own a piece of Leavenworth's vibrant commercial landscape. The asking price is $1,100,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.