116 Sullivan Lake Rd Ione, WA 99139
For Sale
1 / 50
This exceptional turnkey opportunity encompasses a thriving, established business and a substantial commercial property in the burgeoning Ione, WA market. The property includes a spacious 6,243 square foot shop, perfectly suited for a variety of commercial uses, complemented by a commercially zoned office building strategically located at the high-visibility intersection of Highway 31 and Sullivan Lake Road. This prime location ensures excellent visibility and accessibility for customers and employees. The business boasts a proven track record, a loyal customer base, and a comprehensive inventory of equipment, all included in the sale. Further enhancing the investment potential are two non-contiguous sand and gravel pits, estimated to hold approximately 20 years of reserves, catering to the growing demand in the construction, excavation, and landscaping sectors. The property's strategic location and abundant resources position it for significant future growth. This is a rare opportunity to acquire a well-established business with substantial assets and significant upside potential. An additional 166 acres of land with ample reserves are available for purchase, providing further expansion possibilities. Appointments are required for property viewings. The asking price for this exceptional commercial property is $4,250,000.
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
Similar Nearby for Sale
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.
