5720 Vale Rd Cashmere, WA 98815
- Turn key restaurants
- 1,620 SF
- 0.47 lot acres
Current Use by Public Records
- The Outpost Saloon / Bar
- Hitching Post Tavern / Bar
Property Details for 5720 Vale Rd
- Year built
- 1962
- Lot size
- 0.47 lot acres
- Property size
- 1,620 SF
- Property type
- Turn key restaurants
- APN
- 241932310350
- APU
- 241932310350
Description
This exceptional commercial property at 5720 Vale Road in Cashmere, WA, presents a rare opportunity for business owners. Boasting prime highway frontage and idyllic Wenatchee River views, this established tavern offers endless potential. The property has undergone extensive renovations, significantly enhancing its appeal and functionality. Improvements include brand new windows, tile and laminate flooring, reinforced floor joists, and completely updated electrical and plumbing systems throughout. Modern lighting fixtures complement the newly installed bar top and state-of-the-art kitchen appliances. Both bathrooms have been fully remodeled, and the tavern's furniture – tables and chairs – has been refurbished. Exterior enhancements include new front and rear doors and the addition of an outdoor seating area, expanding the tavern's capacity and ambiance. Currently operating as a profitable business, this property is ready for immediate occupancy and offers a unique blend of established success and significant upgrade potential. The property's location ensures high visibility and accessibility, making it an ideal investment for discerning entrepreneurs seeking a turn-key operation or a platform for future expansion. The asking price is $849,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $345,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $320,000
- Mixed-Use
- $360,000
- Hospitality
- $345,000
- Educational
- $345,000
- Residential Income
- $365,000
- Energy
- $295,000
- Income-Based Land
- $375,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Cashmere
- County
- Chelan
- State
- Washington
- Longitude
- -120.488
- Latitude
- 47.5285
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA