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Property profile & analytics
OFF-MARKET
Turn key restaurants

60084 State Rte 20 Marblemount, WA 98267-9771

2,124 SF 0.5 ac lot Built 1981
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-0421372
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Upriver Grill & Taproom Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Upriver Grill LLC · 1 yrs held
Upriver Grill LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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