LISTING DETAILS

Elbe Junction

54209 Mountain Highway E Elbe WA 98328

Listing #: 638543 | Status: Available | Last Modified: 11/3/2021

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Showing Instructions
Call Listing AgentYes
Use DiscretionYes
Investment Information
Investment TypeProforma
1031 ExchangeYes
Documents (Num of Years Available)
Profit/Loss Years3
YTD Operating StatementYes
Detail Listing Information
Min Total SF2,292 SF
Max Total SF2,292 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
EasementsYes
TopographyLevel
Utilities
Sanitary SewerYes
WaterYes
ElectricityYes
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF2,992 SF
Net Rentable Area2,992 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF10,000 SF
Acres0.23
Year Built1935
Year Renovated2015
Roof TypeArchitectural Comp
Construction TypeFramed, Wood
Property Type
Property TypeRetail
Location
CountyPierce
Location DescriptionNear south entrance to Mt. Rainier National Park
Cross StreetSR7
Market AreaNot Assigned
Tax ID #5380200030
Parking Information
#Covered Spaces0
# Uncovered Spaces0
Total Parking Spots0

Rare Retail Standalone Near Mt Rainier

Showing Instructions

Showings before and after business hours; arrange with LB. Do NOT speak with employees about listing.

Public Comments

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!

Public Building Comments

Remodeled from studs out in 2015! Bustling business only 14 miles from super busy Mt. Rainier south entrance.

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Stand-Alone, Street Retail

Elbe Junction
54209 Mountain Highway E Elbe WA 98328

Listing #: 638543 | Status: Available | Listing Date: 4/20/2021 | Last Modified: 11/3/2021 | Email Listing

For Sale

Elbe Junction

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