13901 Us Highway 2 Leavenworth, WA 98826
This exceptional commercial property, located at 13901 US Hwy 2 in Leavenworth, WA, presents a unique investment opportunity. Boasting a prime location in the picturesque Tumwater Canyon, directly adjacent to the Wenatchee River, this property offers over 400 feet of stunning waterfront frontage. The existing building encompasses over 3400 square feet and sits on a sizable 0.57-acre lot, providing ample parking. The property's history is rich, with the current business having operated successfully since 1961. This presents a compelling chance to continue the established business, or to explore exciting new ventures. The expansive waterfront location lends itself perfectly to a waterfront restaurant concept, while the generous lot size and building footprint also allow for potential residential permitting, subject to local regulations. Situated just over five miles from the charming town of Leavenworth, this property benefits from excellent visibility and accessibility. The asking price is $1,500,000. This is a rare opportunity to acquire a long-standing business with significant development potential in a highly desirable location. Don't miss this chance to own a piece of Leavenworth's history and shape its future. Serious inquiries only.
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
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.