1613 Westside Hwy Kelso, WA 98626
- Turn key restaurants
- 2,208 SF
- 0.47 lot acres
Current Use by Public Records
- Lexi's Pizza Pub / Pizza Restaurant / Bar
Property Details for 1613 Westside Hwy
- Year built
- 2016
- Lot size
- 0.47 lot acres
- Property size
- 2,208 SF
- Property type
- Turn key restaurants
- APN
- 63113
- APU
- 63113
Description
This exceptional retail property, located at 1613 Westside Hwy in Kelso, Washington, presents a compelling investment opportunity. Boasting 5,812 square feet on a 1.7-acre lot, this C-2 Urban Commercial zoned property offers significant potential. The asking price is $2,500,000, with a projected cap rate of 5.25%. The property benefits from its convenient location near I-5 Exit 42, providing excellent visibility and accessibility. Currently housing a thriving, pandemic-proof business, the property features multiple dining structures and amenities, accommodating a total restaurant capacity of 275 (both indoor and outdoor seating). Ample parking is available for 125 vehicles, supplemented by an adjacent lot lease. The property's large indoor and outdoor seating areas cater to a diverse clientele. This is a rare opportunity to acquire a well-established, high-performing retail center in a desirable location with strong growth potential. The property's zoning allows for a variety of commercial uses, making it an attractive investment for both seasoned and new investors. The substantial lot size offers room for expansion or future development. This turnkey operation is ready for immediate income generation. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kelso
- County
- Cowlitz
- State
- Washington
- Longitude
- -122.907
- Latitude
- 46.1872
- CBSA code
- 31020
- CBSA name
- LONGVIEW, WA METROPOLITAN STATISTICAL AREA
