About This Restaurant
Investment Highlights
One Block off the Main Street Fully Remodeled Dining Room seats 50+ downstairs and 20 upstairs Multiple Income Streams Established Restaurant Luxury Guest Rooms
Executive Summary
Prime investment opportunity in the heart of Sequim, WA! This commercial property features an established restaurant with seating for 50+ downstairs and 20 upstairs, offering an ideal culinary venture. Additionally, enjoy a newly built bed and breakfast featuring 3 luxurious suites with jacuzzi tubs, generating substantial income at $287, $224, and $244 per night. Furthermore, capitalize on the additional income from the 2 bed, 2 bath living quarters with kitchen renting for $395 per night, and a private cottage suite with kitchen and bath renting for $395 per night. Located just one block off the main drive, this property promises high visibility and foot traffic. Don't miss out on this lucrative investment opportunity!
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,816
- Building Class B
- Year Built/Renovated 1912/2024
- Price 3,449,180
- Price Per SF 593
- Tenancy Single
- Building Height 2 Stories
- Building FAR 0.46
- Land Acres 0.29 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
| Parcel Number | 21257 | Improvements Assessment | $94,875 |
| Land Assessment | $136,146 | Total Assessment | $231,021 |
| Date Created: | 2024-07-16 04:23:48 | Last Updated: | 2024-07-16 04:23:48 |
| Address: | 111 W Bell St , Sequim, Washington, 98382 | ||