203 Main StElma, WA 98541

  • Turn key restaurants
  • 4,283 SF
For Sale
$359,000 View listing

Property Details for 203 Main St

Year built
1983
Construction
STEEL FRAME
Lot size
0.38 AC
Property size (Sq ft)
4,283 SF
Property type
Turn key restaurants
APN
43000200100
APU
43000200100

Description

This thriving Cascade Pizza business in Elma, Washington presents a fantastic opportunity for an ambitious entrepreneur. Located at 203 W Main St, this established eatery is offered at $359,000 and includes all furniture, fixtures, and equipment. The inviting interior features a beautiful bar and seating area, providing ample space for potential business expansion. Two convenient offices are included, along with ADA-compliant restrooms for customer accessibility. The polished concrete floors add a modern touch, and the dual entrances ensure smooth customer flow and operational efficiency. A new point-of-sale (POS) system is already in place, streamlining transactions and management. This turnkey operation is ready for a new owner to step in and continue its success. The building itself is also available for separate purchase

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,703,716
    6.5%
    $1,572,661
    7%
    $1,460,328
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,894,336
    Geo Method
    $2,078,547
  • Alternative Use

    Use
    Valuation
    Residential
    $1,326,598
    Hospitality
    $1,215,157
    Educational
    $1,010,996
    Medical
    $1,045,766
    Retail
    $1,572,661

Location Insight

City
Elma
County
Grays Harbor
State
Washington
Latitude
47.004
Longitude
-123.403
CBSA code
10140
CBSA name
ABERDEEN, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,482
$183,356
$397,125
$580,481
-
$183,356
$397,125
$580,481

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