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125 N Washington Ave 2,800 SF 100% Leased Retail Building Newport, WA 99156 $813,308 CAD ($290.47 CAD/SF)
Executive Summary
NEWPORT FULLY EQUIPPED RESTAURANT SPACE
Position your business for success with this prime, high visibility location along Washington Avenue in Newport. The space is well suited for a variety of restaurant concepts, offering ample indoor seating and a large front patio ideal for capturing seasonal traffic. Additional features include a walk-in cooler, efficient back of-house layout, and potential for a drive through providing flexibility and strong operational upside. Located in a growing community near the Pend Oreille River, this is an excellent opportunity to establish a presence in an increasingly active market.
Position your business for success with this prime, high visibility location along Washington Avenue in Newport. The space is well suited for a variety of restaurant concepts, offering ample indoor seating and a large front patio ideal for capturing seasonal traffic. Additional features include a walk-in cooler, efficient back of-house layout, and potential for a drive through providing flexibility and strong operational upside. Located in a growing community near the Pend Oreille River, this is an excellent opportunity to establish a presence in an increasingly active market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,800 SF
Building Class
C
Year Built/Renovated
1967/2021
Price
$813,308 CAD
Price Per SF
$290.47 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.26
Lot Size
0.24 AC
Zoning
C-1-Commercial
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fleur De Lis Floral & Home
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fleur De Lis Floral & Home | Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 463118-52-0069 | Improvements Assessment | $512,691 CAD |
| Land Assessment | $98,855 CAD | Total Assessment | $611,547 CAD |
Property Taxes
Parcel Number
463118-52-0069
Land Assessment
$98,855 CAD
Improvements Assessment
$512,691 CAD
Total Assessment
$611,547 CAD
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125 N Washington Ave
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