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Property profile & analytics
OFF-MARKET
Turn key restaurants

10459 Mt Baker Hwy Deming, WA 98244-9538

3,398 SF 1.23 ac lot Built 2010
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US90-1025077
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2010
Total area 3,398 SF
Lot 1.23 ac (53,579 SF)
Zoning code RC
APN 390705 529112 0000
UPID US90-1025077
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
William K Cook · 17 yrs held
William K Cook
since 2008
7 recorded transactions
2008
$375,000
2008
$278,000
2004
$100,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RC · Deming, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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