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    OFF-MARKET
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Davin B Cox · 1 yrs held
    Davin B Cox
    since 2025
    Last sale
    $263,199
    7 recorded transactions
    2025
    2025
    $263,199
    2022
    2021
    2005
    2005
    2005
    $222,419
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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