1311 Bay Ave - Restaurant FOR SALE


Ocean Park, WA 98640
$598,000 USD
360-771-4967
1311 Bay Ave, Ocean Park, WA for Sale
$598,000 USD
Restaurant - FOR SALE
1/3
null | Request Cap Rate

1311 Bay Ave
Ocean Park, WA 98640


HIGHLIGHTS

  • Established restaurant
  • 2 blocks from the beach
  • Includes real estate + ADU

OVERVIEW

Very popular Italian kitchen inspired restaurant plus real estate for sale. Chef Paul, former owner/chef of Ristorante Fratelli in Portland's Pearl district and Willem's in downtown Vancouver, WA, created the incredibly year round busy MyCovio's restaurant in Ocean Park on the Long Beach peninsula. With a proven track record, MyCovio's is a destination restaurant for guests from the Portland/Vancouver and greater Seattle area and a favorite of many locals. If you're a chef tired of the big city and it's many competitors, then this is a "not to be missed" opportunity. The restaurant building is 936+/- sq. ft. with 22 seats, and an open kitchen. Additionally, there are a storage shed, a heated and insulated office, and a 5 year old meticulously maintained 2 bedroom/2 bath home on then property - all on a double lot. The price includes all real estate and the business with FF&E, which must be sold together.

FOR SALE DETAILS

PRICE

$598,000 USD

PRICE/SF

$639 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MyCovio's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,000 SF

ZONING

Commercial

APN/PARCEL ID

75016000139

ASK ABOUT THIS PROPERTY

Brian Pelky, CCIMWindermere CentraliaMore Info
360-771-4967

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Brian Pelky, CCIMWindermere CentraliaMore Info
360-771-4967

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.