54209 Mountain Highway E
Elbe WA 98328
Elbe Junction
54209 Mountain Highway E Elbe WA 98328
Listing #: 638543 | Status: Available | Last Modified: 11/3/2021 |
For Sale
- Phone:(253) 686-0606
- Email:briske.commercial@kw.com
- Office Name:Keller Williams Commercial
- Office Phone:(253) 840-5574
- Office Website:
- Call Listing AgentYes
- Use DiscretionYes
Showings before and after business hours; arrange with LB. Do NOT speak with employees about listing.
- Listing Price$ 525,000.0
- $/SF$ 175.5
- Listing StatusAvailable
- Days on Market1314
- Asset ClassRetail
- Search TagsStand-Alone, Street Retail
- Terms
- Investment TypeProforma
- 1031 ExchangeYes
- Profit/Loss Years3
- Balance Sheet Years
- YTD Operating StatementYes
- Min Total SF2292
- Max Total SF2292
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- EasementsYes
- TopographyLevel
- Total Units
- Sanitary SewerYes
- WaterYes
- ElectricityYes
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF2992
- Net Rentable Area2992
- Total Office SF
- Largest Contiguous SF
- Lot SF10000
- Acres0.23
- Property TypeRetail
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location DescriptionNear south entrance to Mt. Rainier National Park
- Second Address
- Cross StreetSR7
- Market AreaNot Assigned
- Tax ID #5380200030
- Additional Parcels
- Zoning
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built1935
- Year Renovated2015
- Completion Date
- Roof TypeArchitectural Comp
- Construction TypeFramed, Wood
Rare Retail Standalone Near Mt Rainier
In the first six months of 2021, the business has generated a 7.1% cap! One full-time owner employee, and 3-4 part-time employees during busiest seasons. Building remodeled down to studs in 2015. Retail includes local artisan products, vintage sodas, craft beers, quality wines, espresso bar and hand-dipped ice cream bar. Store has been meticulously maintained and is full of charm with the original logger-pocked floor, hand-painted mural, and vintage Elbe photos. All FFE included and valued at over $23,000. Twelve parking spots. Pre-Covid 2.2M people visited Mt Rainier; 1.6M in 2020! Only 14 miles to south Mt Rainier National Park entrance, the only entrance open to vehicles year-round!
Remodeled from studs out in 2015! Bustling business only 14 miles from super busy Mt. Rainier south entrance.
Stand-Alone, Street Retail
