Property profile

0 Newport Hwy Spokane, WA 99208

OFF-MARKET
Commercial real estate
Built 1947
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Property summary

AI-generated overview

This profitable, turn-key bar, taproom, and wine bar business in Spokane, WA is available for $90,000. Located on N Newport Hwy, 99208, this single-story, 1947-built establishment offers significant growth potential. The current owner is retiring and will provide training during the transition. The sale includes all fixtures and inventory, ensuring a smooth takeover. An additional storage building is also included. The business boasts a proven track record and is ideally situated to capitalize on peak seasons, such as football season. There's ample opportunity to expand revenue by adding a kitchen, expanding the spirits selection, adding another taproom, and extending operating hours. Currently owner-operated with minimal staffing, this business presents a fantastic opportunity for an entrepreneur seeking a well-established and profitable venture. The building is leased, and the sale does not include the real property. A non-disclosure agreement (NDA) is required before releasing further financial details.

Property profile

Verified
Property type Commercial real estate
Year built 1947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Newport Hwy Spokane, WA 99208
Spokane metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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