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The Edgewater Lounge 802 S Shore Diamond Lake Rd 2,438 SF Retail Building Newport, WA 99156 $861,081 CAD ($353.19 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Location Across from Diamond Lake
  • Full Renovation in 2021
  • 5 Lots

EXECUTIVE SUMMARY

The possibilities are endless here at a this prime location at Diamond Lake! Since 2021 The Edgewater Lounge has satisfied taste buds & offered an incredible dining experience! Whether you are in the mood for a great brunch, a satisfying lunch, a delicious dinner, evening cocktails with music or just hangin' on a patio by the fire...this is the place! The current owners have worked tirelessly to create an ultimate dining experience here and have succeeded in establishing The Edgewater as a "go to" restaurant & lounge! Perfect space for events too! Located right by the lake with access across the street makes for a perfect spot year round! Completely & beautifully renovated in 2021 offering turnkey ownership! It is picture perfect, wrapped in a bow & ready to be handed over to the next business owner or investor! Absolutely everything is here to acheive success! Looking for something else...there are 5 parcels with mixed use ability & additional storage units! Think BIG & live a new dream!

ATTACHMENTS

Map

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,438 SF
Building Class
C
Year Built/Renovated
1989/2021
Price
$861,081 CAD
Price Per SF
$353.19 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
Multi Use - Commercial and Residential
Parking
32 Spaces (13.13 Spaces per 1,000 SF Leased)
Frontage
251’ on S Shore Diamond Lake Rd

AMENITIES

  • Restaurant
  • Air Conditioning
  • Fiber Optic Internet

ABOUT 802 S SHORE DIAMOND LAKE RD , NEWPORT, WA 99156

The possibilities are endless here at a this prime location at Diamond Lake! Since 2021 The Edgewater Lounge has satisfied taste buds & offered an incredible dining experience! Whether you are in the mood for a great brunch, a satisfying lunch, a delicious dinner, evening cocktails with music or just hangin' on a patio by the fire...this is the place! The current owners have worked tirelessly to create an ultimate dining experience here and have succeeded in establishing The Edgewater as a "go to" restaurant & lounge! Perfect space for events too! Located right by the lake with access across the street makes for a perfect spot year round! Completely & beautifully renovated in 2021 offering turnkey ownership! It is picture perfect, wrapped in a bow & ready to be handed over to the next business owner or investor! Absolutely everything is here to acheive success! Looking for something else...there are 5 parcels with mixed use ability & additional storage units! Think BIG & live a new dream! https://pnwhometours.com/Media/download2.asp?AD7F17D0B5CF42EC96A709B7039F373A

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
443001-60-9018
Land Assessment
$72,331 CAD
Improvements Assessment
$192,243 CAD
Total Assessment
$264,574 CAD
  • Listing ID: 34048618

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 802 S Shore Diamond Lake Rd, Newport, WA 99156

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