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    OFF-MARKET
    Mixed-use properties

    780 Us-101, Chinook, WA 98614

    4,768 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property in Chinook, Washington presents a unique live-work opportunity. Priced at $875,000, this established restaurant and lounge, situated directly on Highway 101, offers immediate income potential. The 4,768 square foot building boasts a single story design. In addition to the thriving restaurant business, the property includes a manufactured home, currently configured as a duplex. This provides an additional income stream through rental, or the option to live on-site while managing the business. The duplex offers the convenience of separate living quarters, allowing for both personal and professional spaces. The property sits on four parcels of land, providing ample space and potential for future expansion or development. Located in the charming coastal town of Chinook, this property offers a rare blend of business and residential living, perfectly situated for both local clientele and highway traffic. The asking price of $875,000 translates to $183.52 per square foot, reflecting the value of this turnkey operation and its prime location on the Washington coast. This is an exceptional opportunity for an entrepreneur seeking a blend of business ownership and comfortable living in a picturesque coastal setting.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 4,768 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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