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Property profile & analytics
FOR SALE
Turn key restaurants

Undisclosed Leavenworth, WA 98826

11,600 SF 4.31 ac lot Built 2009
Entity Owned Free & Clear
Property ID
US90-2031866
Property summary
AI-generated overview

This exceptional investment opportunity presents a meticulously maintained lodging establishment and a 96-unit self-storage facility nestled in the charming town of Plain, near Leavenworth, Washington. Situated on 4.31 acres of Rural Commercial zoned land in Chelan County, this property offers substantial income potential from two complementary businesses. The lodging component provides consistent revenue streams, while the self-storage facility boasts high occupancy rates. The property's strategic location within a picturesque and popular tourist destination ensures a steady flow of customers for both businesses. Adding to its appeal is an additional 4.6 acres of land included in the sale, providing significant potential for future expansion. This expansive parcel offers numerous development possibilities, including the addition of more storage units, construction of new residential or commercial buildings, or the creation of recreational amenities to further enhance the profitability of the existing businesses. The current operations are well-established and efficiently managed, providing a solid foundation for a new owner to build upon. This turnkey operation presents a rare opportunity to acquire a thriving business with significant upside potential in a desirable location. The asking price is $5,400,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 11,600 SF
Lot 4.31 ac (187,744 SF)
APN 261713720010
UPID US90-2031866
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
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.60M
Blend (final) Blend
$1.21M
Owner & transaction history
G & B PROPERTIES EAST LLC
G & B PROPERTIES EAST LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.8M +36.2%
Industrial (general) $1.7M +23.6%
Auto repair, garage $1.6M +22.8%
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More about this property
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