633 E 1st St - Bar FOR SALE


Port Angeles, WA 98362
$988,000 USD
360-670-6154
633 E 1st St, Port Angeles, WA for Sale
$988,000 USD
Bar - FOR SALE
1/16
null | Request Cap Rate

633 E 1st St
Port Angeles, WA 98362


HIGHLIGHTS

  • Heavy traffic count

OVERVIEW

Well established restaurant and bar with building. Boasting over 4,000 sq ft the building is centrally located and directly across the street from the largest general store in town, and heavy traffic counts. There is an attached lounge lovingly nicknamed, China bar paying homage to the restaurant's former identity. It has been operational for nearly 30 years with large retention of die hard “regulars”. The dining area can be maximized for up to 60 or more seats with an additional banquet room that could seat 30 more. Restaurant has cult like following and boasts over a 4.5-star rating across all social platforms. A solid brand and following is already built along with the systems to easily generate 7 figures with the right owner

FOR SALE DETAILS

PRICE

$988,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hoang

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,996 SF

ZONING

PCA

APN/PARCEL ID

61471

ASK ABOUT THIS PROPERTY

eric OsterbergPeninsula Realty GroupMore Info
360-670-6154

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

eric OsterbergPeninsula Realty GroupMore Info
360-670-6154

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