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105 W Steuben 105 Steuben st 7,500 SF Retail Building Bingen, WA 98605 $1,231,125 CAD ($164.15 CAD/SF) 7.32% Cap Rate
Investment Highlights
- Prominent corner
- Simple design and durable materials create a blank slate for many configurations and uses
- 3 main level restrooms and plumbing to lower level
- Easy access to both levels
- Lower level offers strong upside potential
Executive Summary
Prominent corner commercial building in downtown Bingen with excellent visibility along Hwy 14. The building offers approximately 4,000 SF of main-level commercial space plus lower level.
The main level is currently configured as a turn-key restaurant with a full kitchen, bar, seating area, and furniture, fixtures, and equipment included. The building’s simple rectangular footprint, durable concrete-block construction, concrete floors on both levels, and flexible commercial zoning make it well suited for a wide range of uses, including restaurant, retail, showroom, fitness, studio, service, office, production, or other business concepts.
The building also includes strong existing plumbing infrastructure, with three main-level restrooms. Plumbing and electrical have been recently upgraded. The TPO roof was installed in 2018, with recent repairs completed in 2026 and a five-year repair warranty in place.
With its prominent corner location, flexible layout, lower-level utility, parking, and proximity to new residential growth nearby, this property offers a strong opportunity for an owner-user, investor, or buyer seeking a value-add commercial building in the Columbia River Gorge.
Seller financing is available.
The main level is currently configured as a turn-key restaurant with a full kitchen, bar, seating area, and furniture, fixtures, and equipment included. The building’s simple rectangular footprint, durable concrete-block construction, concrete floors on both levels, and flexible commercial zoning make it well suited for a wide range of uses, including restaurant, retail, showroom, fitness, studio, service, office, production, or other business concepts.
The building also includes strong existing plumbing infrastructure, with three main-level restrooms. Plumbing and electrical have been recently upgraded. The TPO roof was installed in 2018, with recent repairs completed in 2026 and a five-year repair warranty in place.
With its prominent corner location, flexible layout, lower-level utility, parking, and proximity to new residential growth nearby, this property offers a strong opportunity for an owner-user, investor, or buyer seeking a value-add commercial building in the Columbia River Gorge.
Seller financing is available.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,500 SF
Year Built/Renovated
1960/2000
Price
$1,231,125 CAD
Price Per SF
$164.15 CAD
Cap Rate
7.32%
NOI
$90,118 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.17 AC
Zoning
C - The C district is a flexible district that allows for multiple commercial uses, including: retail, restaurant, service and wholesale commercial use.
Parking
7 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
100’ on W Steuben St.
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03113058110100 | Improvements Assessment | $420,693 CAD |
| Land Assessment | $218,592 CAD | Total Assessment | $639,284 CAD |
Property Taxes
Parcel Number
03113058110100
Land Assessment
$218,592 CAD
Improvements Assessment
$420,693 CAD
Total Assessment
$639,284 CAD
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105 W Steuben | 105 Steuben st
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