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54209 Mountain Highway E Elbe WA 98328
Listing #: 638543 | Status: Available | Last Modified: 11/3/2021
Showing Instructions | |
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Call Listing Agent | Yes |
Use Discretion | Yes |
Investment Information | |
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Investment Type | Proforma |
1031 Exchange | Yes |
Documents (Num of Years Available) | |
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Profit/Loss Years | 3 |
YTD Operating Statement | Yes |
Detail Listing Information | |
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Min Total SF | 2,292 SF |
Max Total SF | 2,292 SF |
Lease Rate Low | $ 0.00 |
Lease Rate High | $ 0.00 |
Easements | Yes |
Topography | Level |
Utilities | |
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Sanitary Sewer | Yes |
Water | Yes |
Electricity | Yes |
Building Information | |
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Building Status | Existing |
# of Buildings | 1 |
# of Floors | 1 |
Total Building SF | 2,992 SF |
Net Rentable Area | 2,992 SF |
Total Office SF | 0 SF |
Largest Contiguous SF | 0 SF |
Lot SF | 10,000 SF |
Acres | 0.23 |
Year Built | 1935 |
Year Renovated | 2015 |
Roof Type | Architectural Comp |
Construction Type | Framed, Wood |
Property Type | |
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Property Type | Retail |
Location | |
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County | Pierce |
Location Description | Near south entrance to Mt. Rainier National Park |
Cross Street | SR7 |
Market Area | Not Assigned |
Tax ID # | 5380200030 |
Parking Information | |
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#Covered Spaces | 0 |
# Uncovered Spaces | 0 |
Total Parking Spots | 0 |
Showings before and after business hours; arrange with LB. Do NOT speak with employees about listing.
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
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