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Property profile & analytics
OFF-MARKET
Turn key restaurants

205 Kelso Dr Kelso, WA 98626-3118

3,762 SF 0.77 ac lot Built 1982
Entity Owned 7-yr Hold Free & Clear
Property ID
US90-0123536
Property summary
AI-generated overview

This exceptional 3,848 square foot restaurant space, formerly a Shari's, is ideally situated just off the I-5 freeway, offering unparalleled visibility. The property boasts a prominent location on a substantial 33,541 square foot lot, ensuring high traffic and excellent signage opportunities visible from the freeway. Inside, the space features abundant natural light, a well-designed layout with separate dining and kitchen areas, two bathrooms, and ample parking for patrons. The fully equipped kitchen includes a large hood system and two walk-in refrigerators, providing a solid foundation for a variety of culinary ventures. The property is zoned RC - Regional Commercial, allowing for diverse operational possibilities beyond restaurant use. The asking price is $8,017 per month, plus triple net charges. Ground lease options are also available for qualified tenants, presenting a flexible ownership structure. This prime location and versatile space represent a unique opportunity for a discerning business owner seeking high visibility and a functional layout. The property's size and amenities make it suitable for a range of restaurant concepts or other commercial uses permitted under the RC zoning. Don't miss this chance to establish your business in a high-traffic area with excellent freeway access.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Total area 3,762 SF
Lot 0.77 ac (33,541 SF)
APN 2402104
UPID US90-0123536
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
  • Shari's Cafe and Pies Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Scc R & E Acquisitions LLC · 7 yrs held
Scc R & E Acquisitions LLC
since 2019
4 recorded transactions
2019
$1.9M
2019
$2.8M
2005
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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