576 Main StChehalis, WA 98532

Property Details for 576 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

5,232 SF

Property type

Office properties

APN

3690000000

APU

3690000000

Description

This exceptional turnkey restaurant opportunity in Chehalis, WA, presents a rare chance to acquire a thriving business and its prime real estate. Located at 576 W Main Street, this 12,267 square foot establishment sits on a 0.58-acre lot zoned CG - General Commercial, offering abundant on-site parking. The property boasts recent renovations and a beautiful building, making it immediately operational. The restaurant enjoys a prominent location and strong community recognition, generating positive cash flow. Financial details are available upon request. A potential sale-leaseback option exists, with the final capitalization rate dependent on the lease structure. This is a complete package

• CAP approach

  CAP return

  Valuation

  6%

  $1,415,792

  6.5%

  $1,306,885

  7%

  $1,213,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,403,034

  Geo Method

  $1,007,579

• Alternative Use

  Use

  Valuation

  Residential

  $1,620,537

  Hospitality

  $1,484,404

  Educational

  $1,235,006

  Medical

  $1,277,480

  Retail

  $1,921,121

Location Insight

City

Chehalis

County

Lewis

State

Washington

Latitude

46.6615

Longitude

-122.972

CBSA code

16500

CBSA name

CENTRALIA, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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