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    OFF-MARKET
    Turn key restaurants

    22 Palmer Ave, Loomis, WA 98827-9726

    3,240 SF 0.52 ac lot Built 2009
    Individually Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US90-1986625
    Property summary
    AI-generated overview

    This versatile commercial property in Loomis, WA, presents a unique investment opportunity. Previously a thriving restaurant and bar, the building boasts a spacious beer garden ideal for outdoor events and gatherings. Its prime location ensures high visibility and attracts a steady stream of customers. Adding to its appeal are nine designated RV spaces, complete with a laundry facility, showers, and restrooms, catering to both travelers and local residents. The property's location in a popular recreational area, offering access to snowmobiling, hiking, fishing, hunting, and camping, further enhances its potential. The building's spacious layout offers ample room for various commercial ventures, allowing for either a continuation of its existing use or a complete transformation into a new business. The existing infrastructure, including the RV park amenities, provides a solid foundation for a variety of business models. This property is ready for a new owner to capitalize on its existing features and the thriving community it serves. The high visibility location and diverse amenities make this a truly exceptional opportunity in a desirable small-town setting. The potential for growth and profitability is significant, making this an attractive investment for those seeking a unique and established commercial property.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2009
    Total area 3,240 SF
    Lot 0.52 ac (22,651 SF)
    APN 811100002
    UPID US90-1986625
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Christina M Elder · 15 yrs held
    Christina M Elder
    since 2010
    1 recorded transaction
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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