109 Interstate Ave Chehalis, WA 98532
Property Lookup
Property profile & analytics
109 Interstate Ave Chehalis, WA 98532
- Turn key restaurants
- 1,334 SF
- 0.29 lot acres
Property ID
US90-2643579
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 109 Interstate Ave
- Year built
- 2003
- Construction
- WOOD
- Lot size
- 0.29 lot acres
- Property size
- 1,334 SF
- Property type
- Turn key restaurants
- APN
- 5871072009
- APU
- 5871072009
Description
This exceptional investment opportunity presents a well-established national restaurant located at 109 Interstate Avenue SW, Chehalis, WA. The property, a general commercial building, is situated on a highly visible freeway location near the exit, ensuring consistent customer traffic. The sale includes the building and a ground lease, extending through 2043, offering significant long-term stability. The land itself is not included in this sale. The current tenant recently completed major interior upgrades, demonstrating their commitment to the location. The lease agreement includes two 5-year renewal options, further solidifying the income stream. Ownership has been largely passive, with the tenant responsible for all expenses except the ground lease. This translates to a low-maintenance investment with a projected 5% cap rate, providing a strong return on investment. The property is priced at $350,000. Serious inquiries only
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Chehalis
- County
- Lewis
- State
- Washington
- Longitude
- -122.956
- Latitude
- 46.6471
- CBSA code
- 16500
- CBSA name
- CENTRALIA, WA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,672
$229,500
$528,000
$757,500
-
$229,500
$528,000
$757,500
