22 Palmer Ave, Loomis, WA 98827-9726
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.