The Mall on Main

Retail: Restaurant

831 Main St, PomeroyWA 99347

Property Details

Location

Address
831 Main St, PomeroyWA 99347
County
Garfield
Submarket
CBA Garfield County
Parcels
80094200610000000
Cross Street
Hwy 12
In Opportunity Zone
Yes

Building Size

Building Size
15,000 SF
Retail Space
5,000 SF
Residential Space
5,000 SF
Rentable Space
12,000 SF

Building Details

Type
 Retail: Restaurant
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
1905
Year Renovated
2015
Being Renovated While Occupied
Yes
Sprinklers
No
Parking Ratio
Heated
Yes
Owner Occupied
Yes

Land & Utilities

Land (Acres)
0.17 Acres
Land (SF)
7,405 SF
Electricity
Yes, Private, Pacific Power
Sanitary Sewer
Yes, City, City of Pomeroy
Water
Yes, City, City of Pomeroy
Rail Service
No
Zoning
Lot Depth
Lot Width
Stand. Electric
Yes

Contacts

Current Listings

Live-on-Site Retail/Restaurant

$399,000
Cap Rate: 8.31%

Escape the big city rat race to rural America and live simply and peacefully! Rare live-on-site, originally a hotel, now retail/ restaurant/ apartment/hostel (multi-use) opportunity in the heart of Pomeroy, WA on Hwy 12 (lots of traffic). Restore this beauty to its original glory while generating income! Currently an antique/artisan retail shop (open Fri-Sun) but was formerly a commercial restaurant/bar. All commercial restaurant equipment, including 9-burner propane stove, industrial sinks, commercial dishwasher, prep butcher table, long heating serving unit, cold storage freezers (needs new compressor), and supplies included in sale. Upstairs is partially renovated and hosts 3 small apartments, with possibility for 2 more (owner lives in one, other 2 rented for $575 each). Tentative plans for hostel, but opportunities are endless. Usable portion of building is approximately 10,000 sq ft, plus basement and is being sold As-Is. Access to apartments in alley or from Hwy 12. Original solid wood floors, tall hotel doors with old-style windows above and wide molding add to the richness and beauty of this building. Incredible space, tall ceilings, wide halls, and many other features make this a perfect multi-generation living arrangement. Serious inquiries call today for showing.

Escape the big city rat race to rural America and live simply and peacefully! Rare live-on-site, originally a hotel, now retail/ restaurant/ apartment/hostel (multi-use) opportunity in the heart of Pomeroy, WA on Hwy 12 (lots of traffic). Restore this beauty to its original glory while generating income! Currently an antique/artisan retail shop (open Fri-Sun) but was formerly a commercial restaurant/bar. All commercial restaurant equipment, including 9-burner propane stove, industrial sinks, commercial dishwasher, prep butcher table, long heating serving unit, cold storage freezers (needs new compressor), and supplies included in sale. Upstairs is partially renovated and hosts 3 small apartments, with possibility for 2 more (owner lives in one, other 2 rented for $575 each). Tentative plans for hostel, but opportunities are endless. Usable portion of building is approximately 10,000 sq ft, plus basement and is being sold As-Is. Access to apartments in alley or from Hwy 12. Original solid wood floors, tall hotel doors with old-style windows above and wide molding add to the richness and beauty of this building. Incredible space, tall ceilings, wide halls, and many other features make this a perfect multi-generation living arrangement. Serious inquiries call today for showing.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Shannon Jones

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