10459 Mt Baker Hwy Deming, WA 98244-9538
- Turn key restaurants
- 3,398 SF
- 1.23 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 10459 Mt Baker Hwy
- Year built
- 2010
- Lot size
- 1.23 lot acres
- Property size
- 3,398 SF
- Zone code
- RC
- Property type
- Turn key restaurants
- APN
- 390705 529112 0000
- APU
- 3907055291120000
Description
This exceptional hospitality investment opportunity presents a rare chance to acquire a thriving, competition-free business situated on a highly visible stretch of Mt. Baker Highway in Deming, Washington (98244). The property, encompassing 1.23 acres, features two buildings with a combined 4,685 square feet across two stories. Currently operating as a successful hotel and motel, the property offers a diverse revenue stream including lodging, food service, and a bar. Its strategic location near Mt. Baker Ski Area ensures a consistent flow of visitors throughout the year, catering to both winter and summer recreational enthusiasts. The asking price is $2,250,000, translating to $480.26 per square foot. This represents a unique opportunity to capitalize on the established success of this business and its significant growth potential in a highly desirable tourist destination. The sale includes all real estate and existing business assets, providing a turnkey operation for the new owner. The property's high traffic and visibility, coupled with its four-season appeal, make it an exceptionally attractive investment prospect. This is a truly irreplaceable asset in a breathtaking location. The seller's change of interests presents this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $385,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $405,000
- Mixed-Use
- $345,000
- Hospitality
- $330,000
- Educational
- $380,000
- Residential Income
- $395,000
- Energy
- $305,000
- Income-Based Land
- $425,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Deming
- County
- Whatcom
- State
- Washington
- Longitude
- -121.919
- Latitude
- 48.8931
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA