Technical
Financial
Distress signals
Property profile

60084 State Route 20 Marblemount, WA 98267

FOR SALE
Turn key restaurants
Property ID
US90-0421372
2,124 SF 0.5 ac lot Built 1981
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard
60084 State Route 20, Marblemount, WA 98267 For Sale
Contact for pricing 2,124 SF
60084 State Route 20, Marblemount, WA 98267
View Listing →

Property summary

AI-generated overview

This exceptional opportunity presents a profitable, established restaurant and bar located in the picturesque town of Marblemount, Washington. Situated on a half-acre lot at 60084 State Rte 20, 98267, this 2,124 square foot building boasts a prime location on the North Cascades Highway. The property includes a fully equipped kitchen, ready to serve customers. With seating for 65 inside and ample outdoor space for events, live music, or simply enjoying the stunning scenery, this business is perfectly positioned to capitalize on the area's natural beauty and tourism. The restaurant features a Class H liquor license, ensuring a comprehensive beverage offering. Built in 1981, the single-story building has been recently updated and is exceptionally well-maintained, offering a turnkey operation for the new owner. The asking price is $599,000, translating to $282.02 per square foot. This represents a unique chance to acquire a thriving business with significant real estate holdings in a highly desirable location within Skagit County. The property's APN is P46166. The Skagit River is within easy walking distance, adding to the property's appeal. This is an ideal investment for an owner-user seeking a successful business with significant growth potential in a breathtaking setting.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1981
Total area 2,124 SF
Lot 0.5 ac (21,780 SF)
APN 351118-0-021-0001
UPID US90-0421372

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

60084 State Route 20 Marblemount, WA 98267
Marblemount metro Census 951101 MOUNT VERNON-ANACORTES, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2024
Last sale
$599,000
7 recorded transactions
2024
$599,000
2021
$250,000
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message