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    FOR SALE
    Bars & Pubs

    1319 1St Ave, Zillah, WA 98953

    20,675 SF
    Property ID
    US90-0416205
    1319 1St Ave, Zillah, WA 98953 For Sale
    $2,500,000 20,675 SF
    1319 1St Ave, Zillah, WA 98953
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    Property summary
    AI-generated overview

    Newly remodeled restaurant/bar as well as new businesses and room to grow, make this not only a great opportunity, but also a great investment. Spanning approximately 20,675 square feet this building has endless possibilities. The property has many diverse areas, including a restaurant, two kitchen spaces, a designated pool hall, a spacious open shop, two bars, a sizable dishwashing area, and a great patio setup. Not only is the property for sale, but the well-known restaurant business is included as well. The restaurant/bar space has been completely remodeled and boasts authentic but modern decor. Open spaces, lots of tables and multiple tvs-make it ideal for banquets and events. The pool hall is approx. 30'x20' with 2 tables currently set up, and located between the karaoke bar and restaurant. The Karaoke bar has its own bar and restrooms with multiple projector screens along the walls. One of the kitchens adjoins the spacious dishwashing area and the other is in the works to become a bakery kitchen. The fully enclosed patio with brick half walls and netting creates a charming outdoor space. Located behind the building is a loading dock that provides ease of access to the restaurant area, a 13'x30' walk-in refrigerator (recently replaced cooling unit), and the former tortilla factory space. This property is a well-known location because of its history as a tortilla factory. Located in the back building, it is ready and equipped with the included tortilla-making equipment. The tortilla oven and chip/tostada oven are both gas-fired and can be included. The building also features an attic, and three rooms, offering the potential for offices and two residential apartments. The entire property has 3-phase electrical installed, and is tailored to meet diverse business needs.

    Property profile
    Verified
    Property type Bars & Pubs
    Total area 20,675 SF
    UPID US90-0416205
    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
    Current use
    Occupant on record · Public records
    • Gaspachos & Antojitos Goyis Grocery & Convenience Store Specialty Food Shop
    • 5 Star Restaurant Restaurant
    • El Ranchito Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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