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    OFF-MARKET Estimated value $855,000
    Retail space

    26506 10th Ave 58, Ridgefield, WA 98642-9743

    5,760 SF 1.1 ac lot Built 1982
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US90-0749633
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot restaurant property, located at 26506 NE 10th Ave in Ridgefield, Washington, presents a unique investment opportunity. Situated in Clark County's rapidly expanding Discovery Corridor, this single-story, 1982-built building boasts a prime location easily accessible from Exit 14 to NE 10th Avenue. The property features approximately 4,400 square feet of ground floor space, ideal for restaurant operations, complemented by approximately 1,050 square feet of second-floor space, potentially suitable for residential use. Outdoor amenities include a substantial 4,150-square-foot covered and heated patio area, perfect for al fresco dining, and a 1,950-square-foot rooftop deck, offering expansive views and additional potential uses. Four bathrooms are conveniently located throughout the building. The property sits on approximately 1.10 acres and is zoned C-2, allowing for a variety of commercial uses. The asking price is $1,750,000, translating to $250 per square foot. This represents a compelling opportunity to acquire a well-established property in one of Washington state's fastest-growing communities. The APN is 214243-000. This property is ready for a new owner to capitalize on its existing infrastructure and prime location in Ridgefield, WA, zip code 98642.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1982
    Total area 5,760 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code CNB : RGF
    APN 214243-000
    UPID US90-0749633
    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
    • Gouger Cellars Winery & Restaurant Brewery & Distillery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.07M
    Comparable Approach Comparable
    $872k
    Blend (final) Blend
    $855k
    Owner & transaction history
    Gouger Properties LLC · 9 yrs held
    Gouger Properties LLC
    since 2017
    3 recorded transactions
    2017
    2005
    1993
    $400
    Zoning & alternative use
    CNB : RGF · Ridgefield, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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