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105 E Steuben 105 Steuben st 7,500 SF Vacant Retail Building Bingen, WA 98605 $1,193,202 CAD ($159.09 CAD/SF) 7.32% Cap Rate



Investment Highlights
- Prominent corner
- Simple design and durable materials create a blank slate for many configurations and uses
- Easy access to both levels
- Lower level offers strong upside potential
Executive Summary
-Prominent corner Downtown Bingen
-High visibility on HWY 14
-Turn key restaurant with 100+ seats
-Large lower level ready for multiple uses
-Ample on-site parking & alley access
-Flexible commercial zoning
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 a nearly full lower level that adds substantial functional utility and value-add potential.
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 lower level offers significant upside as flex, storage, workshop, prep, production, or back-of-house space. Features include approximately 12-foot ceiling heights, alley access, garage-door/loading access, plumbing, and electrical.
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.
-High visibility on HWY 14
-Turn key restaurant with 100+ seats
-Large lower level ready for multiple uses
-Ample on-site parking & alley access
-Flexible commercial zoning
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 a nearly full lower level that adds substantial functional utility and value-add potential.
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 lower level offers significant upside as flex, storage, workshop, prep, production, or back-of-house space. Features include approximately 12-foot ceiling heights, alley access, garage-door/loading access, plumbing, and electrical.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,500 SF
Year Built/Renovated
1960/2000
Price
$1,193,202 CAD
Price Per SF
$159.09 CAD
Cap Rate
7.32%
NOI
$87,342 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.17 AC
Zoning
C - The C district is intended to provide an area for the existing and potential wholesale and retail commercial activities associated with the central bu
Parking
7 Spaces (0.93 Spaces per 1,000 SF Leased)
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 | $407,734 CAD |
| Land Assessment | $211,858 CAD | Total Assessment | $619,593 CAD |
Property Taxes
Parcel Number
03113058110100
Land Assessment
$211,858 CAD
Improvements Assessment
$407,734 CAD
Total Assessment
$619,593 CAD
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105 E Steuben | 105 Steuben st
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