You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

206 Main St Waitsburg, WA 99361

OFF-MARKET Retail properties & Spaces Google Maps
2,560 SF 0.07 ac lot Built 1927
Entity Owned 1-yr Hold ~ Est. High Equity
Estimated value (blended)
$140k
Range $126k – $154k (±10%)
Property ID US90-1953610

Property summary

AI-generated overview

This exceptional commercial property, located at 206 Main Street in the heart of historic Waitsburg, Washington, presents a unique investment opportunity. Previously home to the Waitsburg Butcher Shop (established in the 1930s), this building retains much of its original charm, including vintage railings, a cooler, and a vintage compressor. The property has been thoughtfully updated for modern commercial use, featuring a Class A range hood, walk-in and display coolers, making it ideal for a cafe or restaurant. The space is move-in ready, complete with wash sinks and a floor mop sink. The building comprises two distinct areas, totaling 2,060 square feet (cafe space) and 1,000 square feet (office space), each with its own electric meter and separate entry. These spaces can easily be combined to create a larger, more versatile layout. A 175-square-foot attached garage is also included, though not factored into the total square footage. A shared half-bath serves both spaces. This prime location in downtown Waitsburg has a rich history, having previously housed the well-regarded American 35 & Bar Bacetto Restaurant. The asking price for this remarkable property is $175,000. The property sits on a 0-acre lot. This is a rare chance to own a piece of Waitsburg's history and establish a thriving business in a vibrant downtown setting.

Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1927
Total area 2,560 SF
Lot 0.07 ac (3,049 SF)
APN 370911610413
UPID US90-1953610

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2025
Last sale
$145,000
3 recorded transactions
2025
$145,000
2021
$160,000
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message