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Property profile & analytics
OFF-MARKET Estimated value $210,000
Bars & Pubs

47 Russell Ave Stevenson, WA 98648-9198

2,640 SF 0.06 ac lot Built 1920
Individually Owned 1-yr Hold Free & Clear
Property ID
US90-3247720
Property summary
AI-generated overview

This exceptional 5,280 square foot commercial property, located at 47 SW Russell Ave Unit 47 in the heart of Stevenson, WA, presents a unique business opportunity. Situated on a 0.06-acre lot at the corner of Highway 14 and Russell Street, this property boasts high visibility and accessibility. The main floor offers extensive retail space fully equipped as a restaurant, complete with a gas grill, ample serving ware (pots, pans, plates, silverware, glasses), booths, tables, chairs, and even cash registers. Two walk-in coolers and a soft drink fountain add to the operational efficiency. Upstairs, a fully functional bar awaits, featuring a separate fountain, a dance floor, and a small stage, providing significant expansion possibilities. The property's prime location in a growing community like Stevenson offers immense potential for a variety of businesses. The existing restaurant setup provides a turnkey operation, minimizing initial setup costs and allowing for immediate revenue generation. This is a rare chance to acquire a well-equipped, established space in a vibrant, up-and-coming town. The property's size and versatile layout offer flexibility for a range of commercial ventures, making it an ideal investment for entrepreneurs seeking a thriving business environment. The combination of retail and entertainment space presents a unique opportunity to cater to a diverse clientele. Don't miss this chance to establish your business in a prime location with significant upside. The asking price is $399,000.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1920
Total area 2,640 SF
Lot 0.06 ac (2,614 SF)
APN 2070111350000
UPID US90-3247720
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
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k
Owner & transaction history
Davin B Cox · 1 yrs held
Davin B Cox
since 2025
Last sale
$263,199
7 recorded transactions
2025
Price N/A
2025
$263,199
2022
Price N/A
2021
Price N/A
2005
Price N/A
2005
Price N/A
2005
$222,419
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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